Lending tree is not a mortgage company nor are they a lender nor a broker of loans. Lenders and Brokers pay a monthly fee that is usually passed onto to borrowers in the form of higher rates and fees to belong or be listed on their site as a service provider.

Lending Tree Mortgage sells information provided by prospective consumers to lenders that have paid a large sum of money to join the Lending Tree network. Mortgage brokers have the ability to shop your loan with hundreds of lenders, not just four, and are able to offer lower rates and fees.

Lending tree sells your information to 4 different mortgage lenders who will call you constantly. Even after you have selected a lender. Most of these lenders will be out of state and you may never meet them face to face.

Call your mortgage broker to check all rates against Lending Tree. Most mortgage brokers offer rates that are more competitive in pricing and terms than Lending tree and are easier to deal with.

Because Lending Tree's affiliated lenders pay such high fees to obtain information for internet applications, guess who that cost gets passed on to? Give me a call at 414-303-1215 for an honest, straight-forward, no-gimmick mortgage quote.

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