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Lending Tree Complaints & Reviews - CORRUPT & ILLEGAL

Lending Tree Contacts & Informations

Lending Tree

Posted: 2011-01-18 by    Senior R

CORRUPT & ILLEGAL

Complaint Rating:  83 % with 6 votes
LENDING TREE SHARES YOUR INFORMATION WITH EVERYONE AND ANYONE WHO PAYS THEM FOR THEIR MAILING LISTS.

LENDING TREE IS SO CORRUPT, I AM SURPRISED THE GOVERNMENT HASN'T CLOSED THEM DOWN OR FINED THEM.

LENDING TREE WILL ACTUALLY SHOW YOU HOW TO "FAKE" YOUR INCOME, AMONG OTHER THINGS, TO QUALIFY FOR THEIR LOANS.

THEY HAVE THEIR OWN APPRAISAL FOLKS WHO THEY PAY MUCH LESS THAN $400.00. ONCE YOU PAY THE $400.00 FOR YOUR APPRAISAL...YOUR LOAN IS DENIED (FOR ANY REASON), YOU NEVER GET YOUR APPRAISAL OR YOUR $400.00 BACK.

THESE PEOPLE ARE UNBELIEVABLY CORRUPT AND BREAKING HUNDREDS OF FEDERAL TRUTH & LENDING LAWS !!

STAY AWAY !!
Comments United States Loans
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 18th of Jan, 2011 by   Senior R +1 Votes
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.
 18th of Jan, 2011 by   Senior R 0 Votes
So true.
After our experience and reading the reviews/complaints,
I believe Lending Tree is the worst.

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