Can Anyone Describe Their Experience With Lendingtree?

Is your use of LendingTree increasing or decreasing?

  • Increasing

    Votes: 1 100.0%
  • Decreasing

    Votes: 0 0.0%

  • Total voters
    1

GrahamSCH

LoanSafe Member
Feb 27, 2017
1
0
1
27
Can anyone describe their experience with LendingTree? Are the economics worth it? How quality are the leads? Has it changed in the last year? Are more people using it now? What kind of brokers use it? Mom & Pop? More applicable for refi-oriented brokers? Better options?
 

Erik Sandstrom

Mortgage Expert - Call 1-619-379-8999
Staff member
Loan Safe Mortgage
Jan 14, 2011
2,099
181
63
San Diego, California
www.loansreduced.com
I'm honestly not sure how good the leads are now that they have their own lending shop. I would think they would be cherry picking the leads and giving the overflow to the people that purchase them on the other side. I of course can't confirm that nor can I verify the legitimacy of their leads as I've never used their services. I have done a home loan for one of their web developers - that may say something about the service they provide their own clients.