LendingTree - Reviewed & Compared

Summary

LendingTree is a well-established online marketplace that allows homeowners to compare home equity loan and HELOC offers from multiple lenders with a single application. Rather than issuing loans directly, LendingTree connects borrowers to a wide network of financial institutions, making it easier to find competitive rates and favorable terms. For many homeowners, it is a fast and convenient way to shop for the best deal without contacting lenders one by one.

Company Overview

LendingTree provides access to home equity loans, home equity lines of credit, mortgages, auto loans, credit cards, and more. Its role is not to lend money itself, but to serve as an intermediary between consumers and banks, credit unions, and alternative lenders. Over the years, LendingTree has become widely recognized for streamlining what was once a time-consuming process, offering tools and educational resources that help homeowners make informed financial decisions.

MORE: What Home Equity Loan Provider Is Best for You?

What They Do Best

LendingTree is particularly strong when it comes to simplifying the comparison process. Homeowners submit a single inquiry, and LendingTree matches them with multiple lenders willing to extend home equity financing. This approach saves time and often helps borrowers identify better rates than they might have found on their own. The breadth of the company’s lending network also increases the likelihood of approval, since borrowers are not limited to a single bank’s requirements.

Negatives

Some users mention receiving frequent calls or emails from lenders after sharing their information, which can feel overwhelming. However, these messages come from trusted sources and are intended to provide the information you requested.

MORE: What Home Equity Loan Provider Is Best for You?

Final Score: 4.5/5

Overall, LendingTree stands out as a highly useful tool for homeowners who value convenience and want to see multiple home equity loan and HELOC offers. Its strong network of lenders and easy-to-use comparison process make it a top choice for those looking to save time and money. In addition, LendingTree’s website is filled with calculators, guides, and articles that explain how home equity products work, making it a valuable educational resource for anyone trying to decide between a loan or a line of credit.