About American Senior

American Senior Synopsis 

Review Summary: Bringing 13 years of reverse mortgage experience, American Senior has established a solid reputation among its borrowers. The American Senior reverse mortgage process is handled entirely online including underwriting.  

Recommended for: American Senior might be a good option for those who are 62 and older, looking to begin the reverse mortgage loan process, live in one of the states that American Senior services, and is comfortable with an online loan process.  

American Senior and HighTechLending Reviews

American Senior Full Review 

Overview 

American Senior has been originating reverse mortgages for 13 years. It is the DBA for HighTechLending. In addition to reverse mortgages, HighTechLending also originates conventional mortgages.  

American Senior is highly rated among its customer base, but it does not have customer ratings on websites such as Trustpilot and the Better Business Bureau, even though it is BBB accredited with an A+ rating.  

It is not available nationwide. If you are interested in working with American Senior, be sure to check the list below to make sure your state is included. 

American Senior offers all the standard reverse mortgage loans for those who are 62 years of age and older.  

It specializes in offering a fast online loan process that is completely paperless with underwriting that is automated. This gives American Senior the ability to process loans faster compared to many other lenders.  

It claims to offer competitive pricing and exceptional support.  

The American Senior website has limited information about requirements, fees, and the expected loan process.  

The HighTechLending website is much more transparent. It clearly describes the requirements, pay out options, loan obligations, and fees. However, it does not clearly describe the reverse mortgage process borrowers can expect from the lender.  

American Senior Loan Options 

The loans offered include:  

• Home Equity Conversion Mortgage (HECM) 
• HECM for Purchase 
• Jumbo Reverse Mortgage 
• Refinancing of existing reverse mortgage  

The following loans are also offered through HighTechLending:  

• New home loans 
• VA home loans 
• 30-year fixed rate mortgages 
• 15-year fixed rate mortgages 
• Hybrid adjustable-rate mortgages (ARMs) 
• Adjustable-rate mortgages 
• 2/1 Buy Down mortgage 

Company Information 

American Senior has been in business since 2007. It is a DBA for HighTechLending Inc. and is headquartered in Irvine, California.  

American Senior is a direct endorsed lender by the Federal Housing Administration (FHA), Department of Housing and Urban Development (HUD), a direct seller to the Federal National Mortgage Association (FNMA), and ranked among the top 10 reverse mortgage lenders in the country, based on the number of loans originated. 

States Serviced by American Senior and HighTechLending 

American Senior is not available nationwide, but it is available in the following 20 states and the District of Columbia:  

• Arizona 
• California 
• Colorado 
• District of Columbia 
• Florida 
• Georgia 
• Hawaii 
• Idaho 
• Illinois 
• Maryland 
• Nevada 
• New Jersey 
• New Mexico 
• North Carolina 
• Oregon 
• Pennsylvania 
• South Carolina 
• Texas 
• Utah 
• Virginia 
• Washington 

Office Locations 

American Senior and HighTechLending are headquartered in Irvine, California.  

They do not provide a list of the locations of its retail branches.  

Read More About This Reverse Mortgages: 

• Comprehensive Guide to Reverse Mortgages 
• Reverse Mortgage Loan Calculator 
• Reverse Mortgage Pros and Cons  

All reviews updated as of 3/1/23.