LendingTree is one of the top home equity loan sites we came across when researching which providers offer the best features, usability, and loans. Not only do they provide a straightforward and scannable website, they have a solid service.
One of our favorite features is LendingTree's matching system, whereby they compare home equity loans from four separate lenders and you're given a low price guarantee.
- Online approval
- Home equity loan calculators and resources
The 6Star Reviews team applauds LendingTree in giving their customers a simple-to-complete home equity loan application. While there is online approval, do realize the lenders themselves review your application, appraise your home and close the deal. If you're approved or not, you'll be notified via email, which we liked. LendingTree acts as the 'middle man' in bringing you right to the doorstep of qualified, affordable lenders. Customer support is outstanding here, with friendly and knowledgable telephone and live chat reps. They deserve our Most Popular spot with 5.5 Stars!
1 comment:
You MUST be joking!Initially the person i began the loan process with was WONDERFUL!! Communicative, polite, responsive...once my loan went to my personalized loan processor everything went down the tubes, esp as far as customer service. She never made an initial contact as promised and then every time I had a question or concern it took a minimum of two (usually three) contacts on my part before she ever responded & then in a brief, laid-back, don't worry, "you are fully approved" manner or an "I need this ASAP".I was questioned deeply as to where funds came from and although I was applying for the mortgage on my own my live-in partner had supplemented my down payment but that did not seem to fit well with my so-called personal loan processor.An incredible amount of documentation was required & more & more as the process went on. Since I am in FL and LT is based in CA that communication from her usually did not occur until around 3ish her time which made it 6ish my time and need I expalain further? She lied to my attorney's office repeatedly, did not return phone calls or send out paperwork she promised, not only in a timely manner, but NOT AT ALL! It was not until 4:30 CA time THE DAY BEFORE MY CLOSING(actually night for me--7:30!!!) that I was informed after several phone calls initiated by me to supervisors, that I was ineligible for my mortgage! I was told this was because of recent changes to PMI requirements, but after doing some of my own investigating I found out these changes had been initiated MONTHS AGO! Then after that I still tried but it got worse & the lies on LT's part increased. If they needed my $600 that badly I would have much rather given it to outstreched hands than lying, incompetent creeps. My new broker's first words to me were "oh no, another Lending Tree nightmare; you don't know how many I hear".
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