LendyWendy is an AI-powered mortgage matching service that connects California homebuyers with top-rated local mortgage lenders. Our technology analyzes your financial profile and matches you with lenders offering the best rates for your specific situation.

Is LendyWendy free to use?

Yes, LendyWendy is 100% free for borrowers. We are compensated by lenders when a loan closes, so there's never any cost to you for using our matching service or AI advisor.

Will checking my mortgage options affect my credit score?

No. Using LendyWendy's AI advisor or Mortgage Readiness Score does not impact your credit score. We only perform a soft inquiry which has no effect on your credit.

What types of mortgages can I find through LendyWendy?

LendyWendy matches borrowers with lenders offering all major loan types including Conventional, FHA, VA, USDA, Jumbo, DSCR, fix-and-flip, commercial mortgages, and Non-QM loans for self-employed or non-traditional income borrowers.

How fast can I get pre-approved?

Most borrowers receive pre-qualification within 2 minutes using our AI advisor. Full pre-approval with a matched lender typically takes 24-48 hours after document submission.

Does LendyWendy serve all of California?

Yes, LendyWendy serves all California markets including Los Angeles, San Francisco, San Diego, Sacramento, San Jose, Orange County, and every other city and county in the state.

What is a DSCR loan and who qualifies?

A DSCR (Debt Service Coverage Ratio) loan is an investment property loan that qualifies borrowers based on the property's rental income rather than personal income. Real estate investors qualify when the property's rental income covers at least 100% of the mortgage payment. No tax returns or employment verification required.

What credit score do I need for a California mortgage?

Credit score requirements vary by loan type: FHA loans accept 580+ (3.5% down) or 500-579 (10% down), Conventional loans require 620+, VA loans typically need 620+, and Jumbo loans usually require 700+. LendyWendy matches you with lenders who specialize in your credit profile.

How much down payment do I need to buy a house in California?

Down payment requirements depend on loan type: VA and USDA loans offer $0 down for eligible borrowers, FHA loans require 3.5% down, Conventional loans start at 3% down for first-time buyers, and Jumbo loans typically require 10-20% down. California down payment assistance programs may also be available.

What is the difference between pre-qualification and pre-approval?

Pre-qualification is a quick estimate based on self-reported information and doesn't involve a credit check. Pre-approval is a formal commitment from a lender after reviewing your credit, income, and assets. Pre-approval letters make your offers more competitive in California's housing market.

Terms of Service | LendyWendy - California Mortgage Matching

1. Acceptance of Terms

By accessing and using lendywendy.com (the "Service"), you accept and agree to be bound by these Terms of Service. If you do not agree to these terms, please do not use the Service.

2. Description of Service

LendyWendy is a free mortgage matching platform that connects borrowers with licensed mortgage professionals and lenders in California. LendyWendy is not a lender, broker, or financial advisor. We do not make loans, offer interest rates, or provide financial advice. All loan applications are subject to lender approval and underwriting.

3. Not Financial Advice

The information provided through our Service, including our AI Mortgage Advisor and Mortgage Readiness Score, is for informational and educational purposes only. It does not constitute financial, legal, or tax advice. You should consult with qualified professionals before making any financial decisions.

4. AI Advisor Disclaimer

Our AI Mortgage Advisor provides general information about mortgage products and the lending process. Responses are generated by artificial intelligence and may not always be accurate or complete. The AI advisor does not have access to real-time interest rates, your actual credit report, or lender-specific criteria. Any information provided should be verified with a licensed mortgage professional.

5. Mortgage Readiness Score

The Mortgage Readiness Score is an educational tool based on self-reported information. It is not a credit score, pre-approval, or guarantee of loan qualification. Your actual qualification will depend on verified financial information reviewed by a lender.

6. User Responsibilities

You agree to:

Provide accurate and truthful information
Not use the Service for any unlawful purpose
Not attempt to gain unauthorized access to our systems
Not interfere with or disrupt the Service
Not use automated tools to scrape or collect data from the Service

7. Compensation Disclosure

LendyWendy may receive compensation from mortgage lenders and professionals when you are matched and subsequently obtain a loan. This compensation does not increase your costs and does not influence which lender or professional is recommended to you. Matching is based on your specific needs, location, and loan type.

8. Equal Housing Opportunity

LendyWendy and our partner lenders are committed to Equal Housing Opportunity. We do not discriminate on the basis of race, color, religion, national origin, sex, familial status, disability, or any other protected class under federal, state, or local law.

9. Limitation of Liability

LendyWendy is provided "as is" without warranty of any kind. We are not liable for any damages arising from your use of the Service, the accuracy of information provided by our AI advisor, or the actions of matched mortgage professionals or lenders.

10. Privacy

Your use of the Service is also governed by our Privacy Policy, which describes how we collect, use, and protect your information.

11. Changes to Terms

We reserve the right to modify these Terms at any time. Changes are effective immediately upon posting to this page. Your continued use of the Service after changes constitutes acceptance of the modified terms.

12. Governing Law

These Terms are governed by the laws of the State of California, without regard to its conflict of law provisions.

13. Contact Us

If you have any questions about these Terms, please contact us at legal@lendywendy.com.