Seniors with fixed incomes can indeed qualify for loans, albeit with some considerations. Lenders typically assess the borrower's overall financial situation, including income, assets, and credit history, rather than solely focusing on employment status. Fixed income sources such as Social Security benefits, pensions, or retirement savings can demonstrate a stable source of funds for loan repayment. Additionally, seniors may explore loan options specifically designed for their demographic, such as reverse mortgages or home equity loans, which leverage their home's equity to secure financing.