The loan was not denied. We had to co-sign for our daughter.
We thought something was very strange when they wanted to "help her show a better income" and suggested to have family members & friends issue her several "fake" 1099's to increase her income.
We paid and lost our $400.00 appraisal fee and only received a copy of the appraisal because we hounded the appraisal company (who was located 56 miles away), threatened to take them to court and finally showed up on their doorstep with our canceled check. After multiple other "red flags" were raised ( frequent changes in the disclosures, interest rate, good faith estimates etc.) and reading other reviews on Lending Tree ... We canceled our loan request and went with our local bank, who by the way, accepted our appraisal, offered a much better rate and lower closing costs.
Honestly, I think Lending Tree preys on the ignorant and uninformed.