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LendingTree

LendingTree

Overall Rating: Product Rating: 2.0

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Ripped Us Off!!!

by crstsklt , Oct 28 '09
Pros: None!
Cons:  tell all good to reel you in. then keep money no matter what. 
House payment went up again & with economy decided to check into refinancing. Looked online for companies & saw Lending Tree. Had heard of them & from what I saw on reviews decided to use this company. Did the online application & ...
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Sneaky and Not Worth It for HELOC

by mjandersen , Oct 17 '09
Pros: Lot of activity if you are interested in a mortgage refinance for your home
Cons: No response to your request for HELOC
Instead sneakily publish cellphone/email to the world
The site says that you can get HELOC quotes.  I got none.  I have great credit and 30% home equity available.  They found no one to offer a HELOC.  Instead, they automatically created communications to many lenders stating that I ...
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Deceptive or Incompetent...both bad options

by box110a , Jun 22 '09
Pros: Friendly.
Cons: Just go directly to the banks. They don't offer anything worthwhile.
I went with them because they told me one thing (and I believed them)...then I compared it to an (honest) Bank and they always seemed to be a better deal... Well I got a big headach and got screwed. The biggest issue was that I showed up to ...
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AVOID LIKE THE PLAGUE!!!

by tduga1 , Apr 01 '09
Pros: None.  Lending Tree will attempt to take you to the cleaners
Cons: Everything about lending tree is a con.  Stay Away!!!
Lending tree almost suckered me in to their scheme.  I was all ready to refinance with them.  I was going to get a good rate and the closing costs seemed reasonable.  Then they tell you that to lock your rate you will have to put down a ...
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Hindsight2020

by rubydoobie , Jun 12 '08
Pros: Did not have to get out of my car.
Cons: Kept me hanging on until the last minute & beyond.
…BUYER BEWARE~~~Initially the person I began the loan process with was WONDERFUL!! Communicative, polite, responsive…once my loan went to my personalized loan processor everything went down the tubes, esp as far as customer service. She never ...
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LendingTree - another example of a bad experience

by robin_corcoran , Nov 17 '07
Pros: None
Cons: Do your homework before giving LendingTree.com your money
LendingTree.com and Home Loan Center denied me a $600.00 refund of a deposit for locking-in the interest rate and specified closing costs on a first time home purchase. They changed the terms on the loan from 0% down to 5% down a week before the closing ...
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Research, research, research!

by shirlis , Sep 21 '07
Pros: None. Stay with a local friendly broker.
Cons: No face to face interaction. Lending Tree cannot resolve disputes.
Let me tell you about our experience. We went through Lending Tree and were contacted by several companies. Be prepared for your phone and inbox to be inundated for at least two months after you have received your financing! The rates were all pretty ...
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Terrible experience. I will not use them again.

by buzz- , Jul 10 '07
Pros: Different loan offers, good initial process, did ultimately lower my mortgage payments
Cons: Confusing paperwork, poor communication, and a nagging sense that I got cheated
I used LendingTree to refinance my mortgage in June, 2007. LendingTree is supposed to be an efficient, low cost, way to refinance. Their advertising says that they work with lots of lenders to find the absolute best deal for you. The ads imply that ...
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Stay away from LendingTree!!!

by kandinikole , Jun 14 '07
Pros: NONE!
Cons: Horrible company, bad service, high rates, rude people, dont assist through the loan process.
I decided to use LendingTree in hopes of receiving competitive offers from multiple banks for my business. This never happened. My personal information did not transmit over the internet at the initial application stage and for a week they assumed I was ...
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WOULD NEVER RECOMMEND - TALK THE TALK BUT...

by aleco2 , Apr 05 '07
Pros: Costco Partner
Cons: NOT HONOR A GOOD FAITH ESTIMATE / VERY SLOW CUSTOMER SERVICE RESPONSE TO SOLVE ISSUE
04/05/07 I have just bought a house, and was in the process to shop for a mortgage and LendingTree was one of the companies I have sent my information to get a quote, since they have a partnership with Costco, and I am a BIG Costco fan, and of course, ...
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LendingTree - never again!

by pesacadman , Feb 14 '07
Pros: Mortgage was eventually refinanced at a good rate.
Cons: Terrible customer service, extremely slow.
I have used LendingTree in the past and have had great success and a great turnaround time. That was back when you would actually get three or four different lenders trying to compete for your money. That was over three years ago. Today, LendingTree ...
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Lending Tree has too many Branches!

by sidmacleod , Jan 04 '07
Pros: Are there?
Cons: impersonal, not forthright, uncaring
I do not eat at fast food restaurants because of the lack of concern on the preparers part when it comes to the final product. As long as the food is wrapped and in the bag, and your money is in their register, they really could care less about your ...
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Utterly useless and a waste of time -- save your phone battery

by peanut_putter , Aug 20 '06
Pros: A fun concept, until you try it
Cons: Might as well shout your financials from the rooftops for the same results
I thought the idea of LendingTree was absolutely brilliant. Since my info would be going to lenders who knew I was looking at competitive offers, maybe they'd start lower and I'd save myself some time in the process. Too bad this isn't really the case. ...
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Lending Tree deceptive

by daviscloward , Aug 11 '06
Pros: I suppose that the broker a Lending Tree did have more products to compare.
Cons: Deceptive. Expensive.
The "TrueCost" of a loan with Lending Tree does not include origination fees for the loan. It is Lending Tree's fee. It is one of the ways they pay for their adds and make their money. This is the fee they charge for their services, which include ...
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Go directly to lenders for the best loan and the easiest process

by pilgrim1629 , Jun 27 '06
Pros: Clever marketing.
Cons: High costs, painful process, inexperienced people, few real options in lenders or loans.
To get a good mortgage loan on the web, go directly to some lenders. Go to mtgprofessor.com and follow the advice there under shopping for a mortgage online about going directly to a fair and honest lender, rather than a middleman like Lending Tree. ...
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