Author Topic: Lending Tree vs. mortgage broker recommended by realtor  (Read 794 times)

le-weekend

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Lending Tree vs. mortgage broker recommended by realtor
« on: February 13, 2020, 01:26:53 PM »
Looking to buy a property, need mortgage financing. My realtor referred me to a mortgage broker that she said was "GREAT" but I haven't been very impressed with his follow through, attention to detail, or the rate he offered.

I'm tempted to try Lending Tree, but in my prior experience with them (looking for auto loan), it resulted in a ton of emails from all these banks.

Is there something like Lending Tree but better?  I am still quite new to all of this.

dummy

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Re: Lending Tree vs. mortgage broker recommended by realtor
« Reply #1 on: February 13, 2020, 11:51:40 PM »
I would try quicken loans and lending tree and compare.

Another Reader

  • Walrus Stache
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Re: Lending Tree vs. mortgage broker recommended by realtor
« Reply #2 on: February 14, 2020, 05:48:38 AM »
Avoid Lending Tree, which just gathers your information and sells it to a long list of generally inferior brokers.  Quicken is very expensive and tends to play games with you.

I would start by getting an on-line price from Aimloan.  That gives you an idea of rates and terms for your credit and preferred loan.  From there, check your local banks and credit unions.  A good mortgage broker is invaluable, get referrals from friends that have bought or refinanced recently.

Your agent should refer you to a good mortgage broker, who has a history of good service and low rates.  If the agent sends you to an expensive and/or incompetent broker, I would find a new agent.