LendingTree
Lending Tree was founded in 1996, and has facilitated nearly $87.7 billion since its birth. Lending Tree is an online lending and realty service exchange. Their motto is “when lenders compete, you win.” Lending Tree is a self-described “one-stop-shop” for all your home loan needs. After receiving your inquiry, Lending Tree will post up to four offers from competing lenders. They include major, national, regional, and local lenders in their search. Lending Tree serves the entire United States.
Applying at LendingTree
Although Lending Tree has a customer service hotline with extensive hours, the vast majority of the work you will do with them takes place online. To begin your quote process, you select the state you wish to buy a home in. Then you will fill out a simple application. You will have to answer questions regarding your homebuying needs/status (Are you a first time homebuyer, have you found a home, etc.), credit history (have you ever declared bankruptcy, had foreclosure, estimated credit rating, etc.) and the types of loans you are interested in. Then you will fill out more detailed and personal information including contact information and property details. As you fill out the application, Lending Tree narrows down their list of lenders to find one to four who will suit your needs. Once your application is complete, you may look at the competing offers and decide which one you want to pursue. Your application with Lending Tree is free, private, and requires no obligation.
LendingTree Mortgage Loan Options
Lending Tree offers customers a wide variety of mortgage programs to choose from because they offer them a wide variety of lenders to choose from. When you fill out an application, they will offer you Fixed Rate Mortgages with terms of ten, fifteen, twenty, twenty-five, thirty, and forty years. Their Adjustable Rate Mortgages are offered as 1/1, 2/1, 3/1, 5/1, 7/1, and 10/1. They also have an “other” option that, if chosen, presumably indicates an interest in Interest Only, Construction Loans, and Jumbo loans, among other products.
In addition to Refinance Mortgages, Purchase Mortgages, and Home Equity Loans, Lending Tree offers quotes for other types of loans. They offer Auto Refinance, Auto Purchase, College Loans, Personal Loans, Business Loans, and Credit Card Loan.
Lending Tree received a satisfactory score from the Better Business Bureau, which indicates they comply with all the Better Business Bureau standards, and do not have an unusual number of customer complaints.
Lending Tree is an Equal Housing Opportunity Lender.
This site is not a broker and does not collect or solicit mortgage applications. Content is for informational or comparison purposes only. Services are not available in New York. Products and services may not be available in all other states. Mortgage Info makes no representation, express or implied, that you will receive a quote from any companies profiled on this site.
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