Is lending tree a trustable company?
Answer:
lending tree is simply a lead generation source for mortgage companies. they have your info and such and essentially make bids on you, with their rates, in order to gain your business. it's kind of like ebay sort of. you're the item up for sale and there are a vast number of bidders looking to get you. for things like refinance it all depends on who is the one getting your file. lending tree is only a middle man essentially. whoever gets your loan is of no concern to them. usually the rates are slightly higher and the points you are charged are generally more than if you were to go to a broker. if you get a nibble from there then check it out and ask them, after you get your rates quoted, to send over a GFE (good faith estimate) and you can see exactly how much things will be. a side note, brokers MUST tell you how much they are charging you in terms of points. lenders do not.
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