Rising costs and longer lifespans are reshaping retirement for homeowners over 50. For many older Americans, their home isn’t just where they live—it’s their most valuable financial resource. Explore how unlocking its value can provide the financial flexibility you need.
If you’re worried about making your savings last, Point’s Home Equity Investment (HEI) could be the answer.
Your home isn’t just where you live; it’s also a financial tool that can unlock opportunities in retirement. A Home Equity Investment (HEI) lets you access the value of your home without the burden of monthly repayments, offering a flexible way to supplement your savings, cover rising expenses, or fund the retirement lifestyle you deserve. See how an HEI compares to other home equity financing options.
Point Home Equity Investment
Home equity loan or personal loan
HELOC
Reverse Mortgage
Personal Loans
No payments for up to 30 years
No monthly payments
No income requirements
Allows applicants under 62
500+ credit scores
No need to pay off 1st mortgage
Nearly 30% of older homeowners say they can’t retire on time
Historically, homeownership has been a cornerstone of retirement security, viewed as a dependable asset that would ensure financial stability for homeowners as they age. However, new research from Point reveals that while many homeowners view their homes as a key part of their retirement planning, many still fail to fully recognize or utilize their home equity as a financial resource. Even though many older Americans see their homes as their most significant asset, many feel unprepared to retire comfortably.
Our research of homeowners aged 50 and older found that, among those not yet retired, nearly 30% lack confidence in their ability to retire on time—or at all.
Among working homeowners over 50, 15% have saved less than $10,000 for retirement. Eighty-eight percent of these homeowners doubt they’ll be able to retire on time or at all. Among those with $50,000 or less in savings, 72% are concerned about their retirement prospects, whereas only 25% of homeowners with over $250,000 in savings share this uncertainty.
How savings impact retirement confidence for pre-retirees
Read more about how homeowners nearing retirement are thinking about preparing for retirement here.
Point solved two problems—we got to stay in our home, and I got the debt relief that I was looking for.
An HEI offers several advantages over traditional home equity loans and reverse mortgages:
No monthly payments: Unlike home equity loans, HEIs do not require monthly payments, providing financial relief, especially for those on fixed incomes.
No income requirements: HEIs have no income requirements and accommodate a broad range of credit scores, making them accessible to more homeowners.
Retain existing mortgage: Unlike reverse mortgages, HEIs do not require paying off your first mortgage, allowing you to keep more of the proceeds for your needs.
No age restrictions: HEIs are available to homeowners of all ages, whereas reverse mortgages are typically limited to those aged 62 and older.
Yes, funds from an HEI can be used for various purposes, including travel, medical expenses, home improvements, debt consolidation, or other personal needs. The flexibility of an HEI allows you to allocate the funds as you see fit.
Stories like Susan's are how Point has helped over 20,000 homeowners across the United States.
Donna was seeking more than temporary relief — she wanted long-term financial security.
Donna
from Chino, CA
Donna found herself overextended as she stepped up to be the primary caregiver in her aging parents' lives. Retired and on a fixed income, she quickly realized she had more money going out than coming in: "I had to take control. My participation, my giving — I wasn't in control anymore." Donna was seeking more than temporary relief — she wanted long-term financial security.
Point's Home Equity Investment (HEI) was the solution Donna was looking for. By partnering with Point, she was able to cover the cost of caregiving, eliminate debt, get ahead on bills, and strengthen her cash reserves.
An HEI is assumable, meaning your heirs can inherit the agreement and have the remaining term to settle it. This feature provides flexibility for your heirs to decide how to manage the property and the investment.
HEIs have no income requirements and accommodate a broad range of credit scores, making them accessible to retirees with varying financial profiles. However, Point does review your credit history and requires a minimum credit score to qualify. Recent bankruptcies or foreclosures are subject to a waiting period, depending on the type.
Learn more about how to make the most of your home equity in retirement from Point Research.
Is downsizing your home for retirement a wise move? Explore the benefits and considerations in our insightful post to determine what's best for you.
Point is the leader in Home Equity Investments
We've worked with more than 20,000 happy homeowners, and have 4.7 stars from over 3,000 reviewers on Trustpilot.
My experience with Point was smooth
"My experience with Point was smooth .I was impressed by the interactive process for the loan approval by Point at each step. The documents and videos they sent me ahead were also very helpful while making the decision. Thank you"
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Kiruthika Sabanayagam
We are in a much better situation
"We had significant equity in our house but were turned down for a standard HELOC and it seemed we had no way to access it to pay down debt and take care of other pressing needs. The Point Equity Investment plan allowed us to access our equity and we are in a much better situation because of that. Every contact with Point was met with a responsive representative and timely follow up. Very happy. Thank you!"
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Steve Orecchio
I continue to have a very positive experience with Point.
"I continue to have a very positive experience with Point. This is my second home equity loan with this company, and it continues to be a seamless process with good communication, information provided at every step of the way, and expediency from start to finish. I love the way you are connected with the appropriate professionals at different stages of the process, and they have all been extremely pleasant and professional. I also appreciate the high degree of integrity and responsibility by not allowing me to take more money than they felt was appropriate given the value of my home.
I highly recommend this company, and would be happy to speak with anyone considering doing business with this company."
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Dawn Shirley Mazzarella
Very easy process from start to finish
"Very easy process from start to finish. Very knowledgeable and friendly staff to work with. All my questions were answered in a timely manner with the process explained fully."
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John
Working with Point was truly exceptional from start to finish.
"Working with Point was truly exceptional from start to finish. Their process was smooth, transparent, and perfectly communicated with step-by-step updates every step of the way. I always knew exactly what was happening and what to expect. Jon Trautman and Taylor Andrews went above and beyond — professional, patient, and incredibly knowledgeable. They answered every question clearly and made the entire experience stress-free. Point is straightforward, honest, and refreshingly genuine — no gimmicks, no surprises, just real people delivering real results. I’m beyond happy with the outcome and would recommend Point to anyone looking for a trustworthy and efficient company. Five stars all the way!"
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Luiz Arbore
When other SAY NO and you are in a bind..
I think is a better alternative to refinance similar in my opinion to a reverse mortgage. your immediate cash flow is not impacted if what you are trying to do is control your cashflow by eliminating smaller loans that do impact your current cashflow.
