Lending Tree, can it really be that cheap to get a mortgage ?
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Would any lender out there give an offer on Lending Tree without making any money? or are there hidden fees.
A friend said that they got a good offer, but when my other good friend who works as a Loan Officer did the calculations with the rates etc, they said that the rate given by the lender via Lending Tree can't be possible. Because that would mean the company is working for free.
Is there a catch?!?!?!
Has anyone used them before and got stung on hidden fee's?
Do tell.....
Lending Tree, can it really be that cheap to get a mortgage ?DO NOT USE LENDING TREE OR ANY OTHER ONLINE OR TV MORTGAGE COMPANY! There ARE hidden fees, higher rates, etc. I've never known anyone who had a good experience with any of the dot com companies. I know of someone whose loan never got funded, here they sat at the settlement table with no money, and it NEVER came through and we weren't able to reach the person in California. I know of another case where Lending Tree ran the couples credit so many times that they couldn't qualify for the loan. (They didn't have the best credit to start with, but with all the inquiries on their report, it was totally shot) Do yourself a favor and call a local mortgage lender.
Lending Tree, can it really be that cheap to get a mortgage ?Have the Lending Tree and LowerMyBills sites gone. I am in Australia and can not see them. Am I being banned from seeing them? Is there some kind of reason why I can not bring them up? Report It
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