Disclosures
How to read the figures on this site.
Rates, payments and price ranges here are examples that explain how a loan works. This page lists what they are, what they are not, and how we handle credit checks.
In short
Every rate and payment shown is an example.
Nothing here is an offer or a commitment to lend.
We ask for your written consent before any credit check.
Last updated November 7, 2026
01
Illustrative figures
Rates, annual percentage rates, payments and price ranges on this website are illustrative. They are shown to explain how a loan works. They are not a rate quote, a loan offer or a commitment to lend. Your actual terms depend on your credit profile, loan amount, down payment, property and the market on the day your rate is set.
02
Calculators and assumptions
The Payment Planner and the affordability check use the figures you enter plus a few stated assumptions: property tax of 1% of the price a year and homeowners insurance of 0.33% of the price a year unless you enter your own. The Comfortable, Stretch and Tight bands use 28%, 36% and 43% of gross monthly income. These are rules of thumb, not lending limits, and a lender may apply different ones.
03
Pre-approval
A pre-approval is not a commitment to lend. It reflects the information you gave us and what we reviewed at that time. It can change if your finances, the property or the market change, and a final decision depends on a full review of your loan.
04
Credit checks and consent
We ask for your written consent before we check your credit. A credit check can have a small, temporary effect on your score. Our online application never asks for a Social Security number, a date of birth or bank details.
05
Mortgage insurance and other costs
With a down payment under 20%, mortgage insurance may be required. Closing costs, points, property taxes, homeowners insurance and any HOA dues are separate from principal and interest. Your loan officer will list the costs that apply to your loan.
06
Loan programs
Loan programs, terms and minimum down payments on this site are examples. Not every program is available in every state or to every borrower, and programs can change.
07
Equal housing lender
Lendwise Home Loans is an equal housing lender. We make loans without regard to race, color, religion, national origin, sex, familial status, disability or any other characteristic protected by law.
08
Licensing
Licensed in the states where we lend. Our loan officers are licensed loan officers. Ask your loan officer which licensing details apply to your state.