LendingTree

• 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.

• 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.