What is in Lendingtree

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What is in Lendingtree

What is in Lendingtree is America’s largest, reputable, established online lending marketplace that provides loan sources for all of your needs.

What is in Lendingtree

Whether it be for a home loan, an auto loan, a personal loan, a credit card, a student loan, business loan, deposit accounts, insurance, and more, Lendingtree can help you get there.

And, what’s more, it is completely FREE, and there is no obligation whatsoever to get quotes.  You don’t have to clean up, dress up, drive through traffic, locate addresses, or impress a lender.

Plus, instead of the slow, one at a time offline qualifying process, with Lendingtree, you can apply once online, and the lenders will ‘come to you’.  They will be competing for your loan, putting you in charge, and in an advantageous position.

It doesn’t get easier, more convenient, or more effective than with Lendingtree.

And don’t worry about multiple credit inquiries affecting your credit score.  As long as these inquiries are done within a short period of time, they are all treated as a single or one inquiry.

Home Loans

With Lendingtree, you can compare offers from up to 5 lenders at a time.   Loans are available for a home purchase, for a home refinance, for home equity, and for reverse mortgages.

What is in Lendingtree

You tell Lendingtree what type of loan you need, and they will provide up to 5 competitive loan offers from different lenders.

With Lendingtree, you can shop and compare terms, and interest rates across many different financial offerings.

And, so that you can compare the offers to be sure you are picking the best one, Lendingtree provides tools, calculators, and customer reviews to help you select the best lender, and loan for you.

In addition to Home Purchase Loans or Mortgage Loans, Refinancing, Home Equity Loans, and Refinance Loans are also available through Lendingtree.

Home purchase loans. refinancing, home equity loans, and refinance loans are all available for Single Family Homes, Condominiums, Townhouses, Multi-Family Homes, and for a Manufactured, or Mobile Homes.

Lending Criteria

Lenders look at 5 factors to determine your worthiness to qualify for a loan. These 5 factors are:

  1. Credit Score  Your credit score shows how well you manage your debts over time.  Scores are on a scale that ranges from 300 to 850.  The higher the score, the better of a credit risk you are deemed to be by lenders. Higher scores will provide you lower rates.
  2. Household Income  Your gross household income is the total  amount of money that you earn prior to bills and taxes being subtracted from it, such as mortgage payments, student loans, car payments, and credit card payments.  Lenders want to see your mortgage payment plus any other monthly bills to equal 40% or less of your gross household income.
  3. Job History Lenders like to see a job history of at least 2 consecutive years at the same job, or at least in the same company,  industry or job type in order for you to be approved for a mortgage.
  4. Cash Reserves Lenders like to see  your savings amount to from 3 to 6 months of your monthly bills. If you can provide proof of this, you are more likely to be approved for a loan.  This shows the lender that you can meet your obligations should bad luck come your way.
  5. Down Payment Amount  Depending on the type of loan that you are applying for you will need provide proof that you have liquid cash on hand for between 3.5% to 20% of the purchase price of the home. There are zero interest loans available, where no down payment is needed if you can qualify for them, as with a VA, or a USDA loan.

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Auto Loans

What is in LendingtreeThe types of auto loans available to you through Lendingtree include for a new car, a used car, a refinance, and a lease buy out.

Personal Loans

Personal loans are available through Lendingtree for many different purposes.

These include debt consolidation, pay off credit cards, home improvement, major purchase, business, vacation, wedding expenses, moving and relocation, medical expenses, and more.

Student Loans

Student loans are available through Lendingtree for Associate Degree programs, Bachelor Degree programs, Master Degree programs, and PHD programs.  Other expenses needed to go to school can also be covered.

And don’t worry if you have not established credit, or have poor credit, lender’s won’t punish you.

What is in Lendingtree

Business Loans 

Business loans are available through Lendingtree for Sole Proprietors, Partnerships, LLC’s Limited Liability Company, C Corporation, and S Corporation.

Credit Cards

An array of Credit Cards are available through Lendingtree. A wide variance of companies, types, rates, fees, and benefits are easily applied for.

Conclusion – What is in Lendingtree

Lendingtree is America’s largest online lending marketplace that provides loan sources for all of your needs.

Home loans,  auto loans,  personal loans,  credit cards,  student loans, business loans, deposit accounts, insurance, and more are available.

Lendingtree will provide up to 5 competitive loan offers from different lenders once you choose the type of loan you desire.

With Lendingtree, you can shop and compare terms, and interest rates across many different financial offerings.

This process is free, and there is no obligation.

The 5 factors that lenders use to determine your credit worthiness are: Credit Score, Household Income, Job History,  Cash Reserves, and Down Payment Amount.

Please leave your comments, and questions below. Please be sure to share on social media. Thank you for reading, What is in Lendingtree.  May all of  your loan applications be approved.  Tom

LendingTree Mortgage Loans

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8 thoughts on “What is in Lendingtree”

  1. Hi, thanks for sharing this thorough post about Lendingtree.

    I have heard this company before, but have not got the chance to look more into it.

    I’m currently planing apply some small loans to re-decorate my house. Will look more into Lendingtree later, thanks for your information.

  2. Wow, this sounds super convenient. It feels good to be in a position where lenders are essentially competing for my business. that way I can pick the best offer that works for me. thanks for sharing this information. I look forward to reading your next article

    – Dan

  3. My wife and I are in the market for a new house and I am searching for lenders. I didn’t know that LendingTree offered so many different types of loans, I thought they were only in the home loan market.

    I am hoping rates are still low, we have a very low rate currently and I kind of hate to give that up. But we need to downsize, so hopefully, I am not in for too much of a shock.

    I know LendingTree has been around for a long time, and they are definitely a leader in the industry. Thanks for pointing me in the right direction.

    1. Hi Steve, thank you for your comments. It won’t hurt to take a look at Lendingtree to see if you can find a lower rate. It is free, and there is no obligation. Be sure to weigh all of the fees, and be sure that your rate cannot increase over time. Good luck, Tom

  4. Excellent article! There’s a lot of awesome articles here and very useful.

    I’ve bought several homes in the past and it is a long process and one time my then-husband and I got duped when a re-fi lender didn’t tell us that the first long years would all be to the lender and not to the principle.

    We thought they had us locked in with nowhere to go but we were fortunate to get another refi company to help us. And saved us from drowning!

    Thank you for an awesome article! Loved it!
    Donna Rayne

    1. Hi Donna, thank you for your comments, and your compliment. I am very glad that you loved it. I am happy that you were able to get out from under that bad re-fi. All the best, Tom

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