Fixed budget? HELOC for Seniors can help fix that.
Exclusively for homeowners aged 62+, the first interest-only HELOC with budget friendly features not offered through a traditional Bank HELOC.
Pre-qualification does not affect your credit score. 2: Navigates to numbered disclaimer
Approval in as few as 5 minutes. Funding in as few as 5 days. 3: Navigates to numbered disclaimer
Reduced payments
Interest-only payments keep your monthly costs low and manageable for the life of the loan—so long as you meet loan obligations and stay current on property taxes, insurance and maintenance. No payment shocks or sudden massive increases to worry about.
Up to $400,0004: Navigates to numbered disclaimer cash at a fixed rate per draw 5: Navigates to numbered disclaimer
Enjoy financial stability without the risk of payment spikes from variable interest rates.
Fast, online approval and funding
Get your cash in as few as 5 days3: Navigates to numbered disclaimer — without having to leave the comfort of your home.
Flexible qualification options
Even on a fixed income, you may qualify if you have enough home equity.
What can HELOC for Seniors mean for your finances?
Cash-flow issues:
Unconsolidated debt:
Variable interest rate spikes:
Home repairs:
What types of properties are eligible?
Longbridge offers HELOC for Seniors on the following primary residences:
- Single family homes
- Duplexes
- Condominiums
- PUDs
- Townhouses
Certain types of properties may not be eligible