Meet CHEIFS

A new way to convert home equity into financial success

what is cheifs

Cornerstone Home Equity Insurance/Investment Funding Solutions (CHEIFS) converts your home equity into tax-free cash to fund annuities, life insurance, long-term care, investments, and other financial and life planning options so that you retain your wealth, increase liquidity, and enhance your lifestyle.

Make dormant home equity work for you

This isn’t a loan, so no interest charges or monthly payments are involved. Instead, in return for the CHEIFS proceeds, Cornerstone will receive a percentage of the home’s future value.

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No liquidating assets

No increased debt

Preserve assets

Keep available cash

Retain homeownership

How it works

CHEIFS was created to give you, the homeowner, and your financial advisor options. You determine, within specific parameters, how much of your home equity you want to convert into cash. While you occupy the home, you retain complete control over managing it as you prefer.

How to get started

The process usually takes around 30 days, though it can be expedited based on your urgency and the time required to secure the appraisal, title, and other third-party services.

1

Advisor Consultation

Meet with your Financial Advisor or Insurance Agent to uncover the best opportunities for securing your financial future.

2

Application & Education

Complete your application and we'll schedule a call to ensure all questions about CHEIFS are answered to your satisfaction.

3

Processing & Underwriting Approval

We'll obtain third-party reports, underwrite the application and issue a Commitment Letter, if approved.

4

Closing & Funding

At closing, the contract documents will be executed, and you'll have a three-day cooling-off period before funding.

5

Get started

Compare your options

Reverse Mortgage

Home Equity Loan

HELOC

Cash-Out Refinance

Personal Loan

Equity Based Product Type

No Monthly Payments

No Financial Assesment

No Fixed Repayment Term (e.g. 30 years)

For Illustration purposes only. Comparisons to home equity investment products offered by the competitors are from publicly available terms published on each competitor’s website as of January 2025 and are subject to change. Other product terms and conditions may vary.