While LendingTree is a good concept and allows access to a large number of lenders, my experience was that there is very little ethical oversight of these lenders. they try to make a fast sell regardless of sound economical factors, as a few years ago when the house market went down.
The lenders at that time wanted to give me an adjustable mortgage when everyone new at the time that it was not a good thing for the client and as I refused the offer of the adjustable mortgage deal, as the agent was hanging the phone on me, he said, “Stupid idiot!” Lending Tree should be more careful as to who they refer clients to. Thanks
Bottom Line: No, I would not recommend this to a friend
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