Applying For A Loan? LendingTree Is A Great Place To Start

Updated: Sep 6, 2018

So, you are considering applying for a loan online, but really aren't sure where to start. That is completely understandable as their are so many options. Sometimes, too many choices can be confusing. That is why LendingTree is a great option for you.

What Does LendingTree Do?

LendingTree can help you get the best deal possible on your loans, period. By giving consumers multiple offers from several lenders in a matter of minutes, they make comparison shopping easy. And they know-when lenders compete for your business, you win!

Whether you’re a first time homebuyer looking for a mortgage or you’re in the market for a small business loan, LendingTree gives you options. LendingTree is a leading online loan marketplace with one of the largest networks of lenders in the nation.

Some of their products and tools include:

  • Mortgage Refinance

  • Home Equity Loans

  • Credit Cards

  • Reverse Mortgages

  • Mortgage Calculators

  • Banking Products

  • Personal Loans

  • Auto Loans

  • Free Credit Score

  • Insurance

  • Student Loan Refinance

  • Business Loans

What is LendingTree?

LendingTree is a leading online loan marketplace with one of the largest networks of lenders in the nation. They provide consumers a way to connect with multiple lenders for a number of financial borrowing needs. From the comfort of their homes, consumers can fill out one simple form and are able to shop, compare, and save on the loans they need.

By creating a My LendingTree account, consumers are able to track their credit score – updated monthly with insights into which factors are negatively impacting their score, review all loan and credit card accounts and are even notified when LendingTree identifies a savings opportunity based on real-time loan offer data. And the best part? It’s free.

LendingTree also offers a variety of informational resources and tools for borrowers to help manage their finances and have an informed experience. These include financial calculators, interactive loan coaching tools, monthly newsletters, and lender ratings and reviews. These are great features that are available to empower customers to make the best financial decisions.

How do you use LendingTree?

  • Fill out one simple online form Customers interested in a loan complete a simple form online. You can also call them along the way at 1-800-813-4620 if you have any questions.

  • Receive multiple offers They connect you with multiple lenders who provide several, customized loan offers based on your credit profile. Qualified applicants can receive up to five offers in just minutes. Customers can use LendingTree and evaluate loan options with no impact to their credit score.

  • Pick the best deal for you You just pick the loan offer you like best and work with a real, live person to help finalize the details.

How does LendingTree make money?

Lenders pay LendingTree for the chance to compete for your business. They pass your profile to up to five lenders who then provide you a customized loan offer based on your request. It is like they are doing the work for you! LendingTree is completely free to use, but of course if you decide to take out a loan you will be responsible for any processing fees, closing costs, or other fees as normally required by the lender.

So if you are looking for a great option for a loan, LendingTree is a fantastic place to start!