The company has introduced a product designed to enable homeowners to transform their home equity into tax-free funding for various financial objectives, such as retirement planning and insurance. Daniel Anderson, a co-founder, emphasized their pride in expanding operations in New Jersey and expressed commitment to helping individuals strategically use their home equity without incurring new debt. With significant recent financing of $285 million, the company aims to enhance its national reach and cater to the needs of financial advisors and wealth managers. Currently, the service is available in several states across the U.S.
The product is designed to help homeowners convert a portion of their home equity into tax-free funding for retirement planning, insurance, annuities, and other financial needs.
We are proud to expand our offerings in our home state of New Jersey... Our growing presence across the U.S. is testament to our commitment to providing innovative financial tools.
The funding previously secured will also go toward expanding its national footprint, the company said, aligning with the needs of financial advisors, insurance professionals, and wealth managers.
Company leaders look forward to helping more individuals consider using their home equity value to make strategic financial planning decisions without taking on new debt or monthly payments.
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