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 15,000 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 15,000 happy homeowners, and have 4.7 stars from over 1,600 reviewers on Trustpilot.
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
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
Applying was easy, submitting documents was seamless
"Applying was easy, submitting documents was seamless and as long as you keep up with the dashboard the process goes pretty smooth and quick. We had looked into another company and the only thing I could say is I would have liked to be able to communicate with our advisor more easily and them be more accessible like the other company’s was. They were also going to fund a higher amount, but it would have taken longer. I also didn’t agree with their appraisal as we had one with another company and our home was appraiser for much more. However Point was much quicker. "
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Zachary Robert Thomas Baumgard
I had a very insightful and understanding Account Manager.
"I had a very insightful and understanding Account Manager. Ray was very insightful and thorough when he explained the Point HEI program. There were some issues with my application. Ray explained and consoled me about those issues, and he shared his optimism on how to proceed and overcome my issues. Christine was very thorough in updating me on the step-by-step process of my application. I also had assistance from other departments within Point that I was able to contact if I had any questions. "
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John Wesley Mims
The whole process is very clear cut and transparent
"The whole process is very clear cut and the dashboard of progress for my account, was easy to follow and understand. The final closing process takes a little long and final approval and clear to close. The download of necessary documentation was easy to complete. The staff are very nice to communicate with and did follow up. The financial education class was very good and helpful. Rachel was very helpful and responsive to my texts. "
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Matthew Emerson Light
My experience has been great because it has been an easy, step by step process!
"My experience has been great because it has been an easy, step by step process! Also, the customer service has been amazing. They did a wonderful job of explaining the entire program and what to expect, as well as choosing the company to provide financial counseling and making sure that, as a customer, I truly understand the process and how it works. Transparency has been a major goal for Point and they have reached that goal!"
