HighTechLending, Inc. is an Equal Opportunity Lender, acting under the following trade names: American Senior and American Senior Lending. NMLS: #7147, 2030 Main Street, Suite #500, Irvine, CA 92614. Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act, License #4130937; FL Mortgage Lender Servicer License #MLD1409

Equity Select is a mortgage loan and must be repaid accordingly. Interest Rate is based on Secured Overnight Financing Rate (SOFR) Index + Margin(APR) APR excludes loan fees, points and similar charges relating to opening, renewing, or continuing the account. A minimum monthly payment is required. Making the minimum payment does not cover the entirety of your interest charges, and additional interest will be added to the balance of your loan resulting in a balloon payment, which will be due at the end of the loan term. Equity Select is a home equity line of credit requiring a minimum initial draw of 50% of the line of credit or $75,000, whichever is greater, with a 7 year draw period. The borrower cannot withdraw funds after the draw period ends.

APR: 10.3% (variable) | Index: SOFR (currently 4.31% as of 03/25/2025) | Margin: +5.99% | Rate Change Frequency: Every 30 days | Rate Cap: Cannot increase more than 15% over the life of the loan | Monthly Min Payment: 1% annualized of the prior months balance (or what ever min payment used to get the $ payment referenced) for life of loan. | Unpaid Interest: Added to the balance of the loan. (Negative Amortization) | Balloon Payment: At end of the 40-Year Term, or when loan is called due