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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 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.
CHEIFS involves no new added monthly payments to the investor. Instead, Cornerstone receives a percentage of your home's future value when a settlement event occurs - such as sale, permanent move-out, or death. See the Product Guide for full terms.
Download the product guideNo liquidating assets
No increased debt
Preserve assets
Keep available cash
Retain homeownership
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 ownership and management of the home, subject to the terms of yours CHEIFS agreement.
Consult with your personal Financial Advisor or Insurance Agent to uncover the best opportunities for securing your financial future.
Complete your application and we'll schedule a call to ensure all questions about CHEIFS are answered to your satisfaction.
We'll obtain third-party reports, underwrite the application and issue a Commitment Letter, if approved.
At closing, the contract documents will be executed, and you'll have a three-day cooling-off period before funding.