Detailed text transcripts for TV channel - CNN - 20171104:21:25:00
It's called a reverse mortgage. if you have at least 50% home equity, and you're 62 or older, you should be on the phone by the end of this commercial to find out how much you could get for your home. a government insured reverse mortgage swaps your mortgage payments for a steady, tax-free source of funds you can use for whatever you want. it's a smart way to eliminate mandatory mortgage payments, improve your home, make a large purchase, or just spoil your grandkids. the 2012 fha stabilization act completely reinvented reverse mortgages, turning them into smart and safe retirement solutions. ...