One of our recent Equity Select clients came to us juggling a first mortgage, a HELOC, and high-interest debt — monthly payments stacked up to over $4,400.
By consolidating everything into a single Equity Select loan, their first payment dropped to under $500. Even after taking out an additional $147,000 available to them with Equity Select, their minimum monthly payment will be lower than $950 per month for the next 40 years!
That means they’ve unlocked predictable, capped payments and are saving over $3,000 every month compared to where they started.
That means $3,000+ in monthly savings — money they can now use for retirement, home improvement, or just breathing easier.
The Result:
Yes — from everyday repairs to major upgrades, the choice is yours.
No — you can choose a flexible payment plan that works for your situation.
We can roll your mortgage and new project costs into one manageable payment.
Corporate Headquarters
HighTechLending Inc, doing business as American Senior Lending is an Equal Housing Lender, NMLS ID #7147 (www.nmlsconsumeraccess.org).
2030 Main Street, Suite #500, Irvine, CA 92614.
DISCLAIMER:
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. AZ Mortgage Banker License # 0912577; Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act, License #4130937; CO Mortgage Company Registration – Regulated by the Division of Real Estate; FL Mortgage Lender Servicer License #MLD1409; OR Mortgage Lending License #ML-4386 and Servicer License #MS-139.
Equity Select is a home equity line of credit which gives the option for the borrower to make monthly payments that are less than the interest accrued. If the monthly payment does not cover the monthly interest due, any deficiency will be added to the loan balance which will result in a balloon payment when the loan term ends or when paid off, if earlier. 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.