American Senior Lending
Ready To Apply
For A Reverse
Mortgage?
A licensed local mortgage loan originator will call you within one business day. No pressure. No obligation. Just real answers about what you may qualify for.
Call (866) 216-0289 Mon–Fri 8am–6pm PT · Tap to call- HECM & Jumbo reverse mortgage options available for those that qualify
- Direct lender — no middlemen, no broker fees
- Hand-assembled loan packages, customized for you
- Same-day call back available for urgent requests
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A+
BBB Rating Accredited Businesswith Zero Complaints
from California seniors
1 Day
Response Time Licensed loan officer callswithin one business day
Equal Housing Lender
NMLS #7147
BBB A+ Rated
NRMLA Member
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., 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. (Not for use by New York borrowers.) These materials are not from HUD or FHA and were not approved by HUD or a government agency.
View Full State Licensing Information
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; CT Mortgage Lender License #ML-7147; FL Mortgage Lender Servicer License #MLD1409; Georgia Residential Mortgage Licensee, License #53077; HI Mortgage Loan Originator Company License and Service License #HI-7147; ID Mortgage Broker/Lender License #MBL-2080007147; Illinois Residential Mortgage Licensee, License #MB.6761112 (for licensing information, go to: www.nmlsconsumeraccess.org), IL Residential Mortgage License #MB.6761112, Illinois Department of Financial and Professional Regulation, Division of Banking, 100 West Randolph, 9th Floor, Chicago, IL 60601, 1-888-473-4858; MD Mortgage Lender License #21762; ME Supervised Lender License #7147; MI Mortgage Broker/Lender/Servicer License #FR0026128 – 2nd TD Mortgage/Broker/Lender/Servicer License #SR0026129; NC Mortgage Lender License #L-165611; NH Mortgage Banker License 7147MB; NJ Residential Mortgage Lender License, Licensed by the N.J. Department of Banking and Insurance; NM Mortgage Loan Company; NV Mortgage Company License #4517; OH Residential Mortgage Lending Act Certificate of Registration #RM.805365.000; OR Mortgage Lending License #ML-4386 and Servicer License #MS-139; PA Mortgage Lender #49892; Rhode Island Licensed Lender, Rhode Island Licensed Loan Broker, RI Lender License #20244771LL — Loan Broker License #20244772LB; SC Mortgage Lender/Servicer License #MLS-7147; TN Mortgage License #7147; TX Mortgage Banker Registration; UT Residential First Mortgage Notification and Mortgage Entity License #8874117; VT Lender License #LL-7147 and Mortgage Broker License #MB-7147; Virginia Broker and Lender Licenses #MC-5962; WA Consumer Loan Company License #CL-7147.
Reverse Mortgage Disclosure
- At the conclusion of a reverse mortgage, the borrower must repay the loan and may have to sell the home or repay the loan from other proceeds.
- Charges will be assessed with the loan, including an origination fee, closing costs, mortgage insurance premiums, and servicing fees.
- The loan balance grows over time and interest is charged on the outstanding balance.
- The borrower remains responsible for property taxes, hazard insurance, and home maintenance; failure to pay these amounts may result in the loss of the home.
- Interest on a reverse mortgage is not tax-deductible until the borrower makes partial or full repayment.
A reverse mortgage increases the principal mortgage loan amount and decreases home equity (it is a negative amortization loan). When the loan is due and payable, some or all of the equity in the property no longer belongs to borrowers, who may need to sell the home or otherwise repay the loan with interest from other proceeds. HighTechLending, Inc. charges an origination fee, mortgage insurance premium, closing costs, and servicing fees (added to the balance of the loan). The balance of the loan grows over time and interest is charged on the balance. Interest is not tax-deductible until the loan is partially or fully repaid.
Borrowers are responsible for paying property taxes, homeowner's insurance, maintenance, and related taxes (which may be substantial). We do not establish an escrow account for disbursements of these payments. A set-aside account can be set up to pay taxes and insurance and may be required in some cases. Borrowers must occupy the home as their primary residence and pay for ongoing maintenance; otherwise the loan becomes due and payable. The loan also becomes due and payable (and the property may be subject to a tax lien, other encumbrance, or foreclosure) when the last borrower, or eligible non-borrowing surviving spouse, dies, sells the home, permanently moves out, defaults on taxes, insurance payments, or maintenance, or does not otherwise comply with the loan terms.
This is not a commitment to lend. Not all borrowers will qualify. Loan approval is subject to credit approval and program guidelines. Not all loan programs are available in all states for all loan amounts. Interest rates and program terms are subject to change without notice.
