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I am wondering they are a legitimate organization or if there are a lot of PITFALLS involved.

2006-08-04 04:39:14 · 5 answers · asked by Anonymous in Business & Finance Other - Business & Finance

5 answers

LendingTree.com is an approved Better Business Bureau lending company, so yes, they're legit. However, like my colleague listed above, I was able to get a better deal through ditech.com. BE VERY CAREFUL when shopping around though. If you're like me, you could get stuck with an interest-only mortgage when you were told you'd get a fixed-rate. As a result, I was paying almost $400.00 a month toward a home equity loan and my loan balance never went down. Ditech helped me fix that little problem -- they were up-front about everything and gave me a good rate. Good luck!

2006-08-04 04:50:46 · answer #1 · answered by sarge927 7 · 0 0

Got the mortgage that I bought my current home through them. Got a very good deal at the time and the process was pretty painless. Got a better deal through Ditech.com when I refinanced so it pays to shop around.

2006-08-04 04:48:08 · answer #2 · answered by Bostonian In MO 7 · 0 0

I guess it depends on what you are looking for. We wanted to consolidate bills, so we went through them.. the only offers we got were through MBNA, and personally, I think MBNA is a horrible company! Just my $.02.

2006-08-04 08:31:52 · answer #3 · answered by txathome 1 · 0 0

They are a good CO . i used them to purchause my home after a bad DIVORCE and they got me the help I needed and now I have my own home my daughter and I are both happy

2006-08-04 04:50:14 · answer #4 · answered by babycakes_972 1 · 0 0

they r legit

2006-08-04 04:44:29 · answer #5 · answered by The Foosaaaah 7 · 0 0

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