LendingTree Home Equity Loans Review

Rating: 9.7 / 10 (Excellent)
13 Customer Reviews - see all reviews
Disclosure: We receive advertising revenue from this partner. Learn more.
LendingTree is an online lending aggregator that connects potential customers with various lenders who compete for business. The South Carolina-based company was founded in 1996 and offers a range of financial products to select from, including home equity loans and HELOCs. LendingTree offers home equity products for single and multi-family homes, townhouses, condos, and manufactured homes. The company is BBB accredited, carrying a grade of A+.

How is LendingTree rated?

Breakdown

10/10
Loans
10/10
Qualifications
9/10
Reputation
10/10
Consumer Experience

Overall Rating: 9.7 / 10 (Excellent)

LendingTree scores highly with us because the company focuses on making the lending process quick and easy. With just a few questions, LendingTree connects borrowers with their wide network of trustworthy lenders. Their website is also full of helpful resources and tools, all of which are easy to use and understand.

LendingTree Loans

Lender Type
3rd Party Marketplace
Loan Types Available
Home Equity Loan
Home Equity Line of Credit
Cash-out Refinance
Home Equity Loan Fixed Rates Starting At
4.09%
Max HELOC Draw Period
20 years
HELOC Fixed Rates Starting At
3.24%
Cash-out Refinance Terms
15, 30 years
Cash-out Refinance Fixed Rates Starting At
Depends on the lender.
Origination Fee
Depends on the lender.
Closing Fee
Depends on the lender.
Maintenance Fee
Depends on the lender.
Application Fee
Depends on the lender.

Loans - 10 / 10

Lending Tree's wide network of lenders allows homeowners to access many different offers at once, making it easy to compare competing rates and terms. Borrowers only have to fill in the worth of their home, what they owe on their mortgage, and how much they'd like to borrow; and LendingTree matches them with up to five qualifying lenders. Whereas customers often have to get different quotes from different lenders for each loan product, LendingTree offers convenient access to home equity loans, HELOCs, and cash-out refinance all in the same portal.

LendingTree Qualifications

Loan Qualifications
Property Appraisal
Proof of Employment
Primary Residence
Minimum Home Equity
80%

Qualifications - 9.7 / 10

Since Lending Tree is an online marketplace which connects borrowers with a selection of different lenders, specific qualification requirements will vary according to each originator. However, Lending Tree's wide network of lenders ensures that homeowners are matched with a loan option that fits their needs.

LendingTree Customer Experience

Site Features & Technology
Home Equity Calculator
Mobile App
Online Application
Online Quote

Consumer Experience - 10 / 10

Though Lending Tree is not an originator itself, but an online marketplace, they provide a wide range of resources for their customers, with particular emphasis on helpful educational tools.

LendingTree Reputation

Average Mortgage Size
$252,160
Nationwide Mortgage Licensing System ID
1136
Nationwide Mortgage Regulatory Actions
2
Trust Pilot Rating
9.4 out of 10
BBB Rating
A+
Number of BBB Positive Reviews
55
Number of BBB Neutral Reviews
10
Number of BBB Negative Reviews
53
Date Collected
2017-08-17

Reputation - 9 / 10

Lending Tree is uniformly well reviewed across various different consumer review websites. They only work with trustworthy, legitimate lenders in their network.

LendingTree Details

Homepage URL
Company Phone
(800) 813-4620
Headquarters Address
11115 Rushmore Drive, Charlotte, NC, 28277
Mailing Address
11115 Rushmore Drive, Charlotte, NC, 28277
Year Founded
1997

Top Rated
Our Partner
9.7 / 10
  • Our #1 Choice, A+ BBB Accredited Company
  • Rates as low as 4.09% APR
  • Make your home improvements that add value to your home
  • Get cash for a large purchase
  • Pay for college
  • Consolidate debt
  • When banks compete, you win!

Latest LendingTree Reviews

Loading Reviews ...
C
Cisco
Ripon, California

9/13/2017
I have to agree with what others have said regarding the immediate phone call assault! I submitted my too much information 45 minutes ago and have received no less than ten calls. Three of which came from the same person. And none of the organizations that called offer heloc. Wth? I have a better interest rate currently than what anyone can offer which is why I don't need a refi. I just set myself up for an assault by those who got my information. This site is nothing more than a hunting license. I was hopeful that it would be legit. It is if you want a refi. Just not a heloc.


S
schro1703
Leesburg, Florida

8/11/2017
I was told my credit was 630 and my credit rate is 815. I do not know where you get your rates from but they are wrong . Check your credit rates again.


S
suad n

6/3/2017
I just went on to lending tree and entered all the required information name DOB, address, last 4 of my social, email phone number and all, only to be directed to call each one of the lending institutions to get my rate quote. What kind of service is that? I thought you were supposed to see your rates after all that. This is great now everyone on this site and all the lending institutions they deal with have my info and I don't have a single offer. I did not want you to share my Info.


J
Jake T
Los Angeles, California

5/19/2017
I had an amazing time getting a loan with Lendingtree. They made it easy, fast and affordable. I am definitely going to recommend them to all my friends and family. My wife is super happy too and I'm not paying a crazy interest rate.


N
Nancy
Bellingham, Washington

5/10/2017
Agree with all of the reviews who say that this site says they can compare HELOC loan rates, but then just gives your information out to all of the lenders who immediately call you on the phone (within seconds of each other). Creepy!!!!!! I feel completely violated.


W
Walt W
Tucson, Arizona

5/9/2017
I requested information on a home equity loan and only after providing personal information received offers for only cash out refinance loans and a direct call from a lender even before the screen had time to load. A waste of my time.



3/23/2017
I went through the entire process with Royal United, and I gave them money, everything seemed fine, then without ANY explanation, the loan was refused. The online site I was given was made "unavailable" and when I tried to call, I couldn't get in touch with anyone. 2 Months later, another person from Royal called and said they were trying to "follow up" and I gave him an earful. This "new" person claimed I was turned down for the loan because I had negative feedback from the existing company I had a loan with. Immediately after hanging up with this person from Royal United, I called the company they claimed I had poor feedback from and they stated that no one from Royal Untied called... Read More



3/23/2017
I went through the entire process with Royal United, and I gave them money, everything seemed fine, then without ANY explanation, the loan was refused. 2 Months later, another person from Royal called and said they were trying to "follow up" and I gave him an earful. They claimed I was turned down for the loan because I had negative feedback from the existing company, whom I called and they stated that no one from Royal Untied called anyone in their office...but they (Royal) kept the 495.00 I paid for this debacle.


L
Lawrence C
Maryland Heights, Missouri

3/3/2017
Looking for the BEST home equity loan--shop no further. Call John Lacy at Royal United Mortgage (317-912-1497) or email him at [email protected] This loan advisor and his company deserve a six-star rating for their generous terms, lowest interest rate, closing speed (2-4 weeks!) and most of all, integrity--a rare characteristic in today's world. You don't even need to shop around--just call John--he's a genuine straight-shooter who delivers MORE than he promises. There, I just saved you all weeks of looking at mediocre lenders. Ask for John Lacy, and tell him Larry Connor sent you to him.


D
doug
Saline, Michigan

2/1/2017
gave info get no rates 6 calls all at once could not talk to anyone all lenders beeping in had to try answer phone sucked no help


Start your review for
LendingTree Home Equity Loans