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homeownership

Homeowner Story: Meet Riyad A.

Riyad faced financial hurdles in a slowing market — here’s how Point's HEI paved his path forward.

Siarra Ortiz
March 1, 2024
Updated:

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Riyad, co-owner of a mortgage company, found himself in a tough spot when the business hit a slowdown. With his cash flow significantly reduced, keeping up with his bills became challenging. Unable to take on the monthly payments that traditional financing options required, Riyad was seeking a solution to alleviate his growing financial pressures.

Point's Home Equity Investment (HEI) offered Riyad the security he sought. Partnering with Point, Riyad could cover his living expenses, bills, and taxes during the slow business season. Having tapped more than he would have with other equity products, Riyad also bolstered his reserves. 

As Riyad moved forward and his business started doing well, he paid back his HEI. With his financial health and security in great shape, Riyad is already preparing for his next business opportunity. 

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