What if I don't want to sell my home?
If you don't want to sell your home, you can choose to do any of the following at any time during the term, without penalty, and based on the fair-market-value of the home at that time:
- Use another financing method to pay back Point such as a HELOC, home equity loan, reverse mortgage, or Re-Point.
- Use your own source of funds to buy out Point.