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LAST UPDATED: November 15th, 2023

LendingTree is an online loan marketplace and not an actual reverse mortgage lender. The company provides information that allows consumers to compare multiple lenders at once and better educate themselves on reverse mortgage loan terms. The company isn't a lender itself but instead connects its customers with eligible reverse mortgage lenders and offers general financial advice.

The company was founded in 1996 and has more than two decades of experience in the industry. LendingTree offers lending services for reverse mortgages, personal loans review, business loans, and more.

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The Good

  • Reverse Mortgage Calculator
  • Educational Resources
  • Free and Wide-Reaching Service

Reverse Mortgage Calculator

LendingTree offers a reverse mortgage calculator on its website for consumers to use in order to determine estimated rates, the necessary origination fee, and other fees.To receive this information, you must answer common questions regarding your type of property, the property value, your mortgage balance, etc. It will then ask you for more personal questions, such as your name, phone number,and email address. Eventually you will create an account to see the recommendations.

Through this useful tool, you can find loan offers, learn more about the application process, and receive recommendations for how to qualify for a reverse mortgage. It also provides you with a free credit score and tells you the monthly payments that you could qualify for through a reverse mortgage loan. You can see multiple loan options across several companies in the reverse mortgage loan marketplace.

Educational Resources

LendingTree’s website includes a variety of educational resources. In addition to blog articles related to reverse mortgages, LendingTree has detailed information about how a reverse mortgage works, the differing loan options, information on loan providers, what you might pay for extra fees on your reverse mortgage, and what the payoff of a reverse mortgage will look like for you and your family.

Through the company’s useful online resources, consumers are able to get a broader understanding of their loan options. They will also enjoy having access to the resources to learn about repayment terms for a reverse mortgage, safest savings accounts information, the typical annual percentage rate, and other common financial questions.

Free and Wide-Reaching Service

LendingTree does not require the consumer to pay any fees for the use of its site. The company is partnered with many different reverse mortgage companies which can make the often time-consuming process of finding which company to go through to get a loan easier. LendingTree can make the consumer’s life easier by making it possible to just go to one site to find loan offers instead of having to search each one individually. Typically, five lender options are presented for each inquiry placed by the consumer.


The Bad

  • Asks Personal Questions to Get an Initial Quote
  • Lack of Rate and Fee Information
  • Covers a Wide Range of Queries

Asks Personal Questions to Get an Initial Quote

Companies similar to Lendingtree have accused Lendingtree of asking too many unnecessary personal questions. They argue that to get an initial mortgage quote all the consumer needs to provide is their city and state of residence.

Instead, Lendingtree asks for your phone number, cash flow and income, birth date, and your exact address. Some have accused Lendingtree of selling this information to companies that the consumer is not actually interested in learning about. With this personal information given, consumers have reported that the customer service team can be a little pushy.

Lack of Rate and Fee Information

Because offers may vary by lending options, LendingTree does not list personalized rates and fees on its website, only estimates. You will need to fill out a form on LendingTree's website to receive more detailed information to access specific fee information and more exact estimates of the monthly loan payout you could receive.

Covers a Wide Range of Queries

LendingTree is not a company that simply focuses on helping people find the right reverse mortgage or even the right mortgage in general. It also helps people review their credit history, receive a cash advance, get credit card debt assistance, and get help finding insurance. The company’s specialty is not reverse mortgages.


The Bottom Line

LendingTree is an online lending marketplace that provides consumers with multiple reverse mortgage lenders to choose from. The company has detailed information on its website regarding the reverse mortgage process and how to begin. It also provides averages for the amount of money to be paid for the origination fee, late fees, and other necessary fees for a reverse mortgage.

Along with that information, LendingTree’s website can give you estimates for monthly payments you could receive through a reverse mortgage and could help you quickly look through multiple lending options and help you save money. The website includes many online resources including commonly asked questions and extensive blog articles that cover common reverse mortgage topics from how to save money to the amount of cash flow a reverse mortgage can bring.

Note that you have to fill out a form on LendingTree's website before receiving personalized rates and fees. These questions can sometimes seem a little personal considering the information that you are receiving in exchange for the information.

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9 Reviews

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TC B Florissant, CO

When in a bind, this service is helpful. This is not a go-to for normal loans as the interest rates are super high- however they do work with people with not great credit and you can get assistance in emergencies. I received an offer from them through Credit Karma and it really helped me consolidate some debt in order to raise my credit score!

3 months ago Edited August 14, 2023

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Aaron Anderson

Quick approvals, flexible terms, great rates. Reliable lending company for your financial needs!

2 weeks ago Edited November 20, 2023

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Brandon Berwyn, IL

Their rates, I feel, can be a bit high. However, I've taken a total of 3 loans out using this site and the process has always been quick and easy. Their site is easy to navigate as well.

2 years ago

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Doglover San Diego, CA

Not happy with this program. You submit a request god help and your information is given to many many companies. They don't stop calling you and in return they can't help you. I would not recommend this company.

1 year ago

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seanth57 Columbus, GA

Lending tree loan rates are lower than other lenders. Their lenders fees are also are very low compared to other lenders.

2 years ago


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Pedro Vasquez Holdings LLC Bloomfield, CT

Matched me with a reverse mortgage and I was approved right away!

1 year ago

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Willie Sneed Dallas, TX

To everyone be careful using Lending Tree a scammer used in the trying to take money from me worst time of my life they will not help me at all nice man to do it myself

2 years ago

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Cody Garrison Little Rock, AR

It helps people out Lakme paying bills and the native calls

1 year ago


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sherry crane Stuttgart, AR

They call or email me often about this but at the time I’m not interested but it’s good to know

1 year ago