What They Do
LendingTree is the leading online lending and realty services exchange. It works as a one-stop online destination that helps consumers find information and secure home, equity, auto and student loans along with finding a local REALTOR® or new home. LendingTree offers consumers that chance to:
- Secure the Best Loans. LendingTree empowers consumers by allowing them to speak directly to agents and have the lenders compete with each other to meet the consumer's needs and bottom line. Clients can choose from up to four competitively priced loans from regional and national banks.
- Obtain the Information Needed to Make the Right Decision. LendingTree provides tools, such as checklists and online calculators, which help consumers decide what their needs and requirements truly are. They also will put you in touch with local REALTORS® so you can speak with professionals in your area.
Why It's Important to You
LendingTree helps you make the best decisions by providing you with information to understand your home and loan needs—and also empowers you to get the best possible deal by making the lenders compete for your business. LendingTree helps consumers by:
- Giving You the Information You Need All in One Place. LendingTree helps you make smarter decisions as a consumer by allowing you to see what kind of offers are available to you.
- Locating What You Need. Find a loan, a REALTOR®, or a new home that meets your needs.
- Saving you time. Just fill out one form and submit it, LendingTree will keep your information on file.
- Keeping Your Personal Information Safe. The company uses encryption during the transmission of your sensitive personal information to them, and they use firewalls to prevent unauthorized persons from gaining access to your personal information.
About LendingTree
LendingTree is the leading online lending and realty services exchange for consumers. The company was started by Doug Lebdam, a former CPA for PriceWaterhouseCoopers, who was frustrated during his experience of buying a small townhouse. Both Doug and his wife were knowledgeable about personal finance but still found that researching rates and shopping among banks and lenders was time-consuming and complex. So Doug started LendingTree, an online lending marketplace that could quickly and easily match borrowers and lenders, empowering consumers to choose from multiple offers. He further simplified the process by allowing borrowers to complete one simple, secure online form. Multiple lenders can see this form and offer customers their most competitive deal.
