Lending Tree

Please only answer this if you have used Lending Tree to get a mortgage and have some advice or feedback on Lending Tree....THANKS
- asked by Cali-Chic

Answer #1
What about them? I just bought a house throughthem. It worked great because before I contactedthem, my other mortgage lender was offeringmassive rates with very unrealistic demands. Ifound my lender through Lending Tree and now I'min my house. To boot, I bought a house inTennessee while I was still in California.
- answered by PRC SD

Answer #2
lending tree in a marketing website they well theinformation you put in to brokers and they do yourloan. its not the banks that are competing itsbrokers. paying them. and brokers basically alldraw from the same well so to speak.so dont befooled into thinking they are a lender they are amrketing company that sells your info to severlabrokers!you will get many calls from brokers allmiddlemen
- answered by pearlmel

Answer #3
You get the same service by using a broker - theyjust search nationwide brokers for the best rates,where your broker is probably moreregional.There's good and bad to them, but Ipersonally don't like having a ton of peoplecalling me - years after I was on their website,so I know SOMEONE'S selling my info. Not cool!
- answered by I_Love_McRedneck

Answer #4
i used to work for them.there are 2ways itworks...if you have a great credit score(680+)...then lendingtree will find you thelender. you will speak to a rep there, and theywill put you with one of their approved lenders.HomeLoanCenter is their affiliated lenderr wholend the money...then it will be sold to thelender you picked.If you have lower credit, thenthey will sell your information to 4-5 lenders whowill call you. You will choose which one you wantto work with.
- answered by CreditAlignment.com



Answer #5

http://www.dallasloanguy.com/wordpress/when-banks-compete-you-lose/I wrote this article about how itworks.
- answered by DallasLoanGuy