Securing a home loan after the age of 60 presents unique challenges for seniors due to age-related concerns, potentially unstable income, and stricter bank eligibility criteria, often resulting in shorter loan tenures and higher EMIs. While banks typically require loan maturity by age 70-75, strategies like adding a younger co-applicant with a good credit profile or opting for a lower Loan-to-Value (LTV) ratio by making a larger down payment can improve loan eligibility and approval chances for older applicants.