July 14, 2025 - 11:56
Summit-based Cornerstone Financing has introduced a groundbreaking program designed to help New Jersey homeowners leverage their home equity for financial planning. The new initiative, known as CHEIFS (Cornerstone Home Equity Income Funding Solutions), offers a unique way for homeowners to convert their home equity into tax-free funds.
This innovative approach allows individuals to access the wealth tied up in their homes, providing them with the financial flexibility to support retirement plans, cover medical expenses, or invest in other opportunities. By utilizing CHEIFS, homeowners can unlock the potential of their property without the burden of traditional loans or monthly repayments.
The program is particularly beneficial for those looking to enhance their retirement strategies, as it provides a means to secure additional income during their golden years. With CHEIFS, Cornerstone Financing is redefining the way homeowners think about their equity, making financial planning more accessible and efficient for residents across New Jersey.
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