How does a Re-Point work?

A Re-Point is a new Home Equity Investment (HEI) on your existing funded property. It pays off your current HEI with Point, while providing you with additional funds to use however you'd like.

A Re-Point is subject to prequalification and underwriting eligibility requirements, just like your initial investment.

For example, if you've already received $50,000, but seek $20,000 more sometime during your 30 year term, we can appraise, underwrite, and fund your property for the new investment amount, written in a new option agreement. This would be the payoff amount for your original investment, plus $20,000.

Just like your original investment, a Re-Point is based on a 30 year term.