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Detailed text transcripts for TV channel - CNN - 20180105:16:49:00

Sure, well, when you take out a home equity line of credit you re required to make minimum loan payments every month. for a while, that payment may be interest only. but after a set period of time, you ll have to start paying back the principal as well, which means your monthly payment may be substantially higher. a reverse mortgage line of credit also allows you to borrow against the equity in your home. but, it has a flexible monthly payment feature. giving you the freedom to pay as much or as little, as you wish. you even have the option to make no monthly loan payments at all! so if i wanted to pay, say, $500 a month, i can do that? yup! if i wanted to pay as little as $50 a month, that s ok? no problem! or if i wanted to make no payment at all, i can do that? absolutely! since there are no required monthly principal or interest payments while you live in the home, a reverse mortgage line of credit gives you the flexibility to control and manage your loan. that sounds great. nearly ....

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Detailed text transcripts for TV channel - CNN - 20180104:12:50:00

Can you explain the differences between the two? sure, well, when you take out a home equity line of credit you re required to make minimum loan payments every month. for a while, that payment may be interest only. but after a set period of time, you ll have to start paying back the principal as well, which means your monthly payment may be substantially higher. a reverse mortgage line of credit also allows you to borrow against the equity in your home. but, it has a flexible monthly payment feature. giving you the freedom to pay as much or as little, as you wish. you even have the option to make no monthly loan payments at all! so if i wanted to pay, say, $500 a month, i can do that? yup! if i wanted to pay as little as $50 a month, that s ok? no problem! or if i wanted to make no payment at all, i can do that? absolutely! since there are no required monthly principal or interest payments while you live in the home, a reverse mortgage line of credit gives you the flexibility to contro ....

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Detailed text transcripts for TV channel - CNN - 20170824:13:40:00

year with the new sleep number 360 smart bed. it senses and automatically adjusts on both sides. the new 360 smart bed is part of our biggest sale of the year where all beds are on sale. and right now save 50% on the labor day limited edition bed, plus free home delivery. ends saturday! how can i help you? i m considering a home equity line of credit, but since i m over 62 years old, a friend thought i should first look into a reverse mortgage line of credit first. can you explain the difference between the two? sure, well, when you take out a home equity line of credit you re required to make minimum loan payments every month. for a while, that payment may be interest only. but after a set period of time, you ll have to start paying back the principal as well, which means your monthly payment may be substantially higher. a reverse mortgage line of credit also allows you to borrow against the equity in your home. but, it has a flexible monthly payment feature - giving you the freedom ....

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Detailed text transcripts for TV channel - CNN - 20170824:13:41:00

So if i wanted to pay, say, $500 a month, i can do that? yup! if i wanted to pay as little as $50 a month, that s ok? no problem! or if i wanted to make no payment at all, i can do that? absolutely! since there are no required monthly principal or interest payments while you live in the home, a reverse mortgage line of credit gives you the flexibility to control and manage your loan. that sounds great. nearly one million savvy americans have taken advantage of the significant benefits of a reverse mortgage, and that number continues to grow. so now s the time to discover how a reverse mortgage from reverse mortgage funding can help you take control of your finances. with the flexible payment feature, you have the option to pay as little or as much as you like each month, for as long as you live in your home. if you d like to pay down the principal and interest of your reverse mortgage early, feel free to make monthly payments of any amount you d like. with no pre-payment penalties. or, ....

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Detailed text transcripts for TV channel - CNN - 20170810:16:39:00

For a while, that payment may be interest only. but after a set period of time, you ll have to start paying back the principal as well, which means your monthly payment may be substantially higher. a reverse mortgage line of credit also allows you to borrow against the equity in your home. but, it has a flexible monthly payment feature - giving you the freedom to pay as much. or as little. as you wish. you even have the option to make no monthly loan payments at all! so if i wanted to pay, say, $500 a month, i can do that? yup! if i wanted to pay as little as $50 a month, that s ok? no problem! or if i wanted to make no payment at all, i can do that? absolutely! since there are no required monthly principal or interest payments while you live in the home, a reverse mortgage line of credit gives you the flexibility to control and manage your loan. that sounds great. nearly one million savvy americans have taken advantage of the significant benefits of a reverse mortgage, and that number ....

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