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LendingTree

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5.6

Overall Score

LAST UPDATED: August 29th, 2022

LendingTree is an online loan marketplace, providing a list of multiple lenders to easily compare rates and fees. The company provides lending services for mortgages, auto loans, business loans, personal loans, and more. 

To access a list of LendingTree mortgage lenders, consumers need to fill out a form before receiving personalized rates and terms. LendingTree offers nationwide coverage, so you can use the company as your home loan marketplace regardless of your state of residence.

Continue reading for a full review of this mortgage company or jump down to read LendingTree mortgage reviews.

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The Good

  • Multiple Loan Options
  • Mortgage Rates
  • Application Process
  • Educational Resources
  • LendingTree Mobile App

Multiple Loan Options

LendingTree allows customers to view multiple home loan options simultaneously from various lenders — LendingTree doesn't originate home loans. 

LendingTree provides free and easy comparisons entirely online and is available to consumers in all 50 states. The company displays interest rates and fees from many of the top mortgage lenders in the country. 

Lending Tree provides the following loan types through its mortgage lender network:

  • Conventional loan
  • 30-year and 15-year fixed mortgages
  • Adjustable rate mortgage loan (ARM)
  • FHA loan
  • VA loan
  • USDA loan
  • Jumbo loan
  • Home refinance loan
  • Reverse mortgage loan
  • Home equity loan

The variety of options allows customers to find the loan type that best fits their needs.

Mortgage Rates

As a mortgage marketplace, LendingTree puts its network of lenders in direct competition with one another. Because of this competition, lenders are more likely to provide lower rates and terms to catch the attention of the consumer.

While you may receive more competitive rates when you apply for a home loan with LendingTree, the rates and terms you will receive depend upon multiple factors, including your credit score and debt-to-income ratio (DTI) — the lowest rate can't be guaranteed.

Application Process

LendingTree’s application process is entirely online and easy to complete. To begin the process you will need to provide information on your property and finances, allowing LendingTree to match you with various mortgage lenders in its network. Once you compare your options, you can request quotes from lenders and/or begin the mortgage process with your chosen lender.

Educational Resources

LendingTree offers a wide selection of educational resources on its website, which is useful for customers who are new to home loans. The company provides tools for checking your home's value, deciding between renting and buying, and several interactive financial calculators. 

In addition, you can find a glossary of common mortgage terms on its website, as well as mortgage news and articles.

LendingTree Mobile App

You can easily track your finances and loans in the LendingTree app — available on both iOS and Android.

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The Bad

  • Personal Information Sharing

 Personal Information Sharing

To access a list of mortgage lenders, prospective buyers must provide their city and state, loan amount, annual income, employment status, credit score, date of birth, bankruptcy and foreclosure history, and street address. This information is crucial for a lender to have in order to determine eligibility, interest rate, and beyond, but it would be helpful for users to be able to see a list of lenders before sharing their information. 

Information you provide to LendingTree will be shared. However, LendingTree stipulates in its Product and Privacy Policy that information will only be shared with the following parties, as necessary:

  • LendingTree affiliates
  • LendingTree network and product partners
  • Financial companies
  • Other business partners
  • LendingTree service providers

One of the most common LendingTree complaints is that the company sells customer information, but LendingTree indicates that it does not sell personal information. However, as outlined above, information may be shared with multiple parties as necessary.

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The Bottom Line

LendingTree is a reliable platform to shop around for a mortgage loan, allowing a borrower to secure a  favorable interest rate on their chosen loan product. After filling out an information form, the company displays mortgage rates from several companies at once so the consumer can compare lenders all at once.

One downside of the LendingTree platform is that your personal information is required before receiving access to a list of compatible mortgage lenders. Keep in mind that you'll likely want to verify fees and additional costs directly with each lender before going through with the mortgage, since rates are subject to change. 

LendingTree mortgage reviews are currently limited, but 69 percent of reviews are 4 or 5 stars. Common positive feedback includes helpful and reliable customer service representatives and an easy mortgage process. The most common LendingTree complaint is that you may get inundated with calls since your information will be shared with third parties, but the company’s Product and Privacy Policy indicates that it will not sell your information.

Read LendingTree reviews from real customers below. 

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Star Rating

3.9

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39 Reviews

Review Breakdown

5 grade

59%

4 grade

10%

3 grade

10%

2 grade

5%

1 grade

15%

Sentiment Criteria

Value

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Quality

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Service

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Trustworthiness

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Review Source

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L Hill Chicago, IL

Lending Tree was the perfect choice for us as first time home owners looking for a fixed rate that matched our credit. The process can be overwhelming and confusing but it was alot easier thanks to this lender. We had a great loan officer that took us step by step of the most are process with no stone unturned.

7 months ago

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J Allen Pensacola, FL

Professional, friendly, experienced. Made the entire process easy for us to understand and complete.

2 months ago

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Brian Cowley Riverton, UT

Their website has some good information, however, they allow the lenders to put pretty unrealistic rates and fees on their site. Borrowers could be easily misled by the information if they do not understand the Mortgage industry well. They also should get rid of the "Sponsored Lenders" at the top of their results. Just give us the best rates/fees.

8 months ago

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Michigander101 Macomb, MI

LendingTree is very supportive and has helped me to understand the ins and out of my mortgage. They never act as if my questions are silly. They treat me with dignity and are always positive.

8 months ago

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Karen Torino Tallahassee, FL

LendingTree is great for many loans, but their mortgage loans really are the best. The site is easy to use and customer service is great at helping you get what you need. Strongly recommend using this site for anyone trying to buy a home.

10 months ago

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Harold Spencer Macomb, MI

LendingTree was really helpful in helping me get a mortgage with my poor credit history. I am repairing my credit but will always be a customer of LendingTree.

8 months ago

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peter harmatuk Poolesville, MD

I first went to Lending Tree to get a bill consolation loan. Their rates were well below what others were charging so I took out two loans over two different occasions. I paid off one of the loans early and have been paying ahead on the other. One annoying thing that has been happening is that I am getting "teaser" emails from them asking me to go on their site and check my "new" rate I can get for being a great customer....only trouble is that when I get there, they direct me to another company with the statement that THEY can not provide me any service at "this" time. I have been sending their e-mails into my spam folder because I feel this is a deceptive practice.

1 year ago

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Santow Shamon Gurnee, IL

I was browsing for a small personal loan and came across lending tree. Very easy to get started and I had loan options in minutes. They offer you choices of different lending companies with their rates and terms upfront. I've had two loans myself within three years. You receive your money within days. Excellent customer service.

1 year ago

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GREGORY MC LENDON San Jose, CA

Very disappointed with the response from their customer service and the online service was not great and it was hard to get to the correct person.

2 months ago

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Chad Edgar Wentzville, MO

I'm so glad I've gotten a hold of them when I needed the mortgage most no matter my credit score they were pleased to help me

7 months ago

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Roshini Suehiro ,

Lending Tree needs to clearly explain that they are not a lending company. They give your information to third parties and you are flooded with phone calls. This is very bad for the mortgage as people are inquiring for loans and every single person is calling you and do not know if these people are trusted individuals handling your information. Mortgage inquiry should not be taken lightly you are working with peoples homes and this maybe their only home and you have a scammer who might take your home away from you. I want everyone to know to be careful using Lending Tree for mortgage loans. Check who they are and company they are working with and investigate the company as well.

1 year ago

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Carolyn Hazleton, PA

Competitive rates very informative information on their website. Customer service answered all my questions and they keep you updated on any rate changes.

11 months ago

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David Swenson Denver, CO

Overall, I had a great experience. Filled out a simple form and received a handful of competitive quotes. My only critique is that I did not know these credit inquiries/activities could decrease my credit score. I would have loved to have been told that as I started the research process, but again maybe that is just on me to know!

1 year ago

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Tony Irizarry Buffalo, NY

Outstanding customer service and a very easy loan process. Able to customize loan and also great working with people that actually understand what you expect and need from a lender.

1 year ago

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Brittany Alshawy Colorado Springs, CO

Pretty good company. They get you funding fast. They work with poorer credit scores on most occasions it seems. And they function in a structured manner. I also like that they have a lot of lenders to help get you the best rates.

1 year ago

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Jay F Dassow Wautoma, WI

Considering the time of year, especially with the holidays, I thought the service and turnaround was exceptionally fast.

3 years ago

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Rob Ellensburg, WA

Very professional to the point lending program with the best rates out there. Super easy and convenient all the way to closing with no pressure .

3 years ago

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Luke Swierczynski Troy, MI

Lending Tree tries to make you believe they are a lender, but I ended up reading the fine print after I began receiving 1 million phone calls from any and all lenders about my home refinance. Come to read the fine print that states they sell your information to lenders who will be able to finance your loan. Don't give your information to a info seller like this. I still get calls to this day even though I closed my refinance over 12 months ago... 10/10 would NOT recommend entering your information on this website to avoid calls.

10 months ago

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Jordan Priest West Jordan, UT

My initial experience with Lending tree was awesome. I quickly had 6 mortgage companies, very professionally, contact me and was able to choose the one that best fit my needs. However, I'm still getting calls 1 year later, lots of calls.

3 years ago

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Jacob Sterling, VA

The process was very smooth and very quick. Everyone involved were extremely helpful. Highly recommend.

3 years ago

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Allan Sivils Virginia Beach, VA

Excellent experience. Sean and Colin were great. Great turn around and amazing customer service. thanks!

3 years ago

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Mitchel Davenport Santa Fe, NM

Staff was attentive, knowledgeable and professional. Everyone went exactly as stated. No surprises or games. I'll do it again.

4 years ago

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G Anniston, AL

From the start they were friendly and encouraging. No problem getting the loan and they even helped to keep my monthly payment affordable

10 months ago

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J B Sandy, UT

Perfect place to compare rates when I'm looking to refi my mortgage

8 months ago

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MURPHY HILL Germantown, MD

It was a great experience working with Lendingtree . They're fast friendly and easy to work with.

3 years ago

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Noa Ranoa Encinitas, CA

Twice is a charm. Two loans and twice paid off. Low interest... Low fees.... equal A+

9 months ago

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Sharon La Crosse, WI

They gather all the paperwork and walk you thru it as quick and painless as possible. Fees are very reasonable.

1 year ago

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AKMarvalous Wasilla, AK

I used LendingTree for a refinance. LendingTree helped find me the best mortgage company to suit my needs.

1 year ago

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Gary Kapanowski Macomb, MI

They use an ad that asks you if you want to see what your new payment will be. However, you must enter your contact information toget your new payment. Your contact information is shared with a bunch of mortgage companies. They all start lighting up your phone and flooding your mail.

1 year ago

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brandon bingham West Jordan, UT

They were pretty aggressive when it came to trying to sell me somehting that I wasn't interested in. Their rates weren't quite as good as Wells Fargo.

1 year ago

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Debbie Farrow ,

They have a great and easy website that is easy to use to calculate your credit rating without getting a credit ding.

1 year ago

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Tualagi Saint George, UT

Lengthy application. They advertise bad credit, no credit they still will get us approved. That is not true. I was declined a few times. Then i kept getting phone calls / voice mail from Lending Tree saying i have been approved which is totally false.

4 years ago

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Marci Randall Sandy, UT

Easy and simple are two words to describe

8 months ago

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Shari Sandoz Ord, NE

Always very responsive when trying to get in touch with them.

3 years ago

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joe iovino Brooksville, FL

GOOD INFORMATIVE SIGHT EVERYTHING SPELLED OUT,VERY ACCURATE,WOULD HIGHLY RECOMMEND

1 year ago

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Kelly Zemrose Tampa, FL

Super easy to use and takes much less time than doing the research yourself. I plan to use again.

1 year ago

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Jeff Gonnason Kihei, HI

When I contacted lending tree I immediately began getting phone calls from 20 different mortgage agents, and none of them any good.

1 year ago

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B Evans Venice, FL

I began the process with Lending Tree. My email address was required. Now I am getting dozens of spam emails every day.

1 year ago

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Dale L Farmer Littleton, CO

I tried to give them a chance for doing my mortgage but they never got back to me.

3 years ago