The Good
- Quick & Easy Comparison
- Educational Tools
- Reputable Marketplace
- Potentially Fast Funding
Quick & Easy Comparison
Save time by receiving multiple HELOC offers from different lenders in one place.
Educational Tools
LendingTree provides calculators, FAQs, and guides to help you understand your borrowing options.
Reputable Marketplace
Rated “Very Good” (4/5) by TopConsumerReviews and “Best Marketplace” by LendEDU for home equity products.
Potentially Fast Funding
Some borrowers report closing within days, depending on the lender chosen.
The Bad
- Aggressive Outreach
- Multiple Credit Inquiries
- Not Always the Lowest Rates
- Company Credit Rating Risk
Aggressive Outreach
Many users report frequent calls, emails, and texts from lenders after submitting their application.
Multiple Credit Inquiries
Applying may result in hard credit checks from several lenders, which can temporarily affect your credit score.
Not Always the Lowest Rates
Since lenders may pay for better placement, the top offers displayed aren't guaranteed to be the cheapest.
Company Credit Rating Risk
While LendingTree itself doesn't fund loans, its corporate credit rating has been downgraded, raising questions about long-term stability.
