Home > Personal > Personal Lending > Mortgage > Mortgage Resources > Glossary > Elderly Applicant Elderly Applicant November 9, 2021 As defined in the Equal Credit Opportunity Act, a person 62 or older.You Might Also Like: Everyday MoneyBank Holidays: Understanding Their Impact on Deposits and Transactions Living QuartersMortgage Lending for Veterans at Bank Five Nine All Things CommunityReviewing Random Acts of Kindness 2023 Everyday MoneyWhat are ACH Payments and How Do They Work? Living QuartersUnderstanding Mortgage Interest Rates