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The Best Home Renovation Loan for Seniors Period.

Most banks barely approve seniors for enough funding to make small improvements. EquitySelect unlocks far more of your home’s value with predictable, senior-friendly payment options so you can actually complete the renovation you want.

If you’re a Senior and planning a renovation, this is the loan designed for you.

EquitySelect gives retirees access to the funds they need for real renovations without being limited by strict bank income requirements.

Check your qualification
Talk to a Loan Specialist

Access More Funds. Keep Payments Low. Do More For Your Home.

The Senior-First HELOC That Funds Real Home Improvements

Traditional
Bank HELOC

Qualified for $33,000
Payment : $260
Qualified for $200,000
Capped Monthly
Payment of : $260

Traditional
Bank HELOC

Qualified for $33,000
Payment: $260
Qualified for $200,000
Capped Monthly Payment of: $260

The above scenario is based on the following:

Age: 74 | Current home value: $950,000 | Current mortgage balance: $250,000

Current total mortgage payment: $1,979 | Monthly income: $4,500

EquitySelect is unlike any other loan.

Why Seniors Choose EquitySelect Over Bank HELOCs

Traditional HELOCs simply don’t work for seniors, banks judge retirement income too harshly and approve only small loan amounts, making it nearly impossible to fund meaningful home improvements.

EquitySelect is the better HELOC, built specifically for retirees.

It offers easier approvals, far more borrowing power, and flexible payment options so you can take on real renovations, not just quick fixes.

EquitySelect gives you:

  • Far larger approval amounts because we don’t penalize fixed senior incomes

  • Capped, predictable payment plans  as low as 1% monthly

  • The freedom to renovate your home your way

  • No refinancing required-keep your existing mortgage

More money to renovate.
More flexibility.
More peace of mind.

*A minimum payment is required.  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.

Typical Scenario

Invest Back Into the Home You Love

With higher approval amounts and low, predictable payments, EquitySelect gives you the power to make meaningful improvements that add comfort, safety, and long-term value to your home.

What you can accomplish with EquitySelect:

  • Modernize kitchens or bathrooms

  • Add accessibility features for safe aging at home

  • Build an ADU for family or caregiver support

  • Repair roofs, HVAC systems, plumbing, or structural issues

  • Expand or reconfigure spaces for comfort and mobility

  • Replace aging decks, windows, or flooring

 

Whether it’s comfort, safety, or modern updates EquitySelect makes it possible.

Check your qualification
Talk to a Loan Specialist

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 is paid off, whichever is earlier.

Frequently Asked Questions

Yes, we can combine your mortgage, credit cards, personal loans, and more into a single payment.

EquitySelect looks beyond just your credit score, and you may still qualify even if other lenders say no.

In many cases, yes, especially if you’re carrying high-interest credit card or personal loan debt.

Simple, Senior-Friendly Process

Check Your Qualification: fast, secure, no obligation
See Your Loan Amount: typically 4–6× higher than a HELOC
Receive Funds and Start Renovating: quickly and confidently​
Choose Your Payment Plan Option: as low as 1%

No rising payments. No confusing refinance. No hidden surprises.

EQUITYSELECT MAKES IT EASIER TO QUALIFY

  • Easier Qualification Standards
  • Flexible Monthly Payment Options
  • Built In Monthly Payment Cap

Ready to Start Your Home Renovation?

Get the home improvement loan specifically designed for seniors, larger approval amounts, predictable payments, real renovation power.

Corporate headquaters

American Senior Lending – NMLS #7147
 2030 Main St. #500
Irvine, CA 92614
866-801-0501
(Not for use by New York borrowers)
ACT@americansenior.com

Affiliations

Compliance

“This site is not authorized by the New York State Department of Financial Services. No mortgage solicitation activity or loan applications for properties located in the State of New York can be facilitated through this site.”

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

EquitySelect 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. EquitySelect 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. EquitySelect 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.

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