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Lending Tree





Renata of Brooklyn NY (07/24/08)
We have basically reached the end of our rope. I own a income producing property, plus my husband works and brings in a good income. We aplied for a loan of 175K, which basically with the income from my property in NYC alone we can cover both mortgages, living expenses and not have to work. LendingTree had it's way of finding a problem. We were asured from the begining that because of our excellent credit and income this is going to be smooth, but don't forget to lock this for 600. right that magic number we all heard.

We are now a few days away from closing on this property, and Lending Tree is nickel and diming us over silly issues, showing my child support income, so I did. Than rental survey on my property in NY, never heard of such nonsense. I live now in a highly desirable area, and rents have been and are at it's max, but they don't believe it. We were told that the underwriter aproved the loan BUT we now need 3 month proof of my child support income, the month and half I gave is not enough.

My husband works mostly from home and may have to commute to NYC from CT if necessary, so we were now asked to get a letter from his boss, that the 2 hour commute will not affect his work o pay. Whats next a letter from the gas station that we will fill up there daily and pay for it, or a survey on their prices of gas. This has been a joke, and I have a feeling not only will I loose this home, but also the 600. Be ware, Lending Tree is a SCAM!

May loose the property in question, plus over 1000. in costs of apraisal, etc.

Amber of Rio Linda, CA June 25, 2008

Amber of Rio Linda CA (06/25/08)
In June of 2008 my boyfriend went to Lending Tree to try and refinance. He was told the cheapest way to go would be through them he just needed to give them a 600 down payment that would be applied back towards the loan. He told them he wasn't sure if the house would appraise at what they were shooting for and was told not to worry! These things have a way of working out and he would be pleasantly surprised.

So he fell for these lies. They came out under appraised the house and on June 24th we received the call so sorry no loan we can't help you but hey thanks for the 600 have a great day. Is there a lawsuit going against them?

Kathy of Spirit Lake, IA June 23, 2008

Kathy of Spirit Lake IA (06/23/08)
I inquired on their website, never went through with anything and they sold my personal information to companies,who looke up my credit report without my permission, my score has dropped by 80 points, I may not get refinanced now, and all my credit cards have raised my interest rate to around 28.99% because my fica score dropped! Interest is killing me, and Lending Tree sent me a letter admitting it, saying sorry about your luck were suing on our own behalf. Iam going to sue them. If nothing else I suggest suing them in small claims court for 5,000. I want more this has hurt my life a lot!

Cameron of Independence, MO June 6, 2008

Cameron of Independence MO (06/06/08)
I am finishing my PhD in Europe, and had a contract for a tenure-track position at a state university in the US. Lending Tree said that if I demonstrated evidence of being in a PhD program and a contract, they would give me the loan. I provided the necessary documentation. They knew the whole situation up front. Then, suddenly, they sent an email stating they were canceling the load. I could not get ANYONE to pick up the phone. We put a downpayment equal to 1/3 the value of the house, and had and excellent credit rating. I guess the first person just promised us what they could not fulfill. Beware!

Our loan was delayed (a local bank has agreed to take it up) which means that the rates have gone up costing us a significant amount of money.

Edward of Waterford, MI June 4, 2008

Edward of Waterford MI (06/04/08)
They undervalue your home just to scam you out of the supposedly totally refundable 600.00 up front fee then tell you it's not refundable. They appraised my house at 120,000 when it's been appraised by everyone else at 160,000 and up, suing them now!

Merry of Lake Worth, FL June 2, 2008

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