Advertising Disclosures

The offers that appear on this site are from companies from which LendingTree receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). LendingTree does not include all lenders, savings products or loan options available in the marketplace.

What portion of LendingTree's services in connection with my loan request is free?

There is no cost to submit a loan request, get matched with lenders and receive conditional loan offers or quotes. You may review the conditional loan offers or quotes and talk to the lenders at no cost. Of course, the lender you choose may require a fee to process your formal loan application, appraisal, and/or credit report, but until you agree to pay the lender any fee(s), you may shop with LendingTree at no cost.

How does LendingTree get paid?

LendingTree does not charge you, the consumer, a fee for its services. Who pays our bills? The lender. Of course, you will be responsible for paying any loan processing, closing costs or other fees to the lender with whom you close.

  • The advertised loan is a 5/1 ARM (Adjustable Rate Mortgage) with a 30-year fully amortizing term from actual offers posted to consumers by Network Lenders.
  • After the initial period, the variable interest rate and payment will adjust every year and equal the total of the 12-month LIBOR index (1.92% as of 13-Dec-19) plus a margin of 1.95%.
  • The maximum periodic change in the interest rate is 2% with a maximum rate increase of % above the initial interest rate.
  • If the interest rate adjusted to the maximum rate (which could not occur until after the fifth year), the maximum monthly payment for each loan amount would be: $1272.42 for $175,000; $1442.84 for $200,000; $1,609.94 for $225,000; $1803.55 for $250,000; $2812.28 for $400,000.
  • There is no prepayment penalty.
  • The Annual Percentage Rate (APR) is variable and is subject to increase or decrease, so your payments may increase or decrease each year after the initial period.
  • The chart below shows the interest rate, APR, and the initial monthly payments:

    Payment Examples

    Loan Amount Initial

    Interest Rate

    (for 60 months)

    APR Initial Monthly

    Payments

    (for 60 months)

    $175,000 N/A% N/A% $738
    $200,000 2.625% 2.863% $830
    $225,000 3% 3.08% $964
    $250,000 2.875% 3.117% $1037
    $400,000 2.625% 2.826% $1607

 

  • Disclosure Assumptions
  • Interest rate quoted assumes a FICO score of 720 with a maximum loan-to-value ratio of 80% on a primary residence.
  • The actual interest rate, APR and payment may vary based on the specific terms of the loan selected, verification of information, your credit history, the location and type of property and other factors as determined by Lenders.
  • The initial interest rate is fixed for 5 years. The disclosed APR is based on 0 discount points, 0%% origination fee and additional prepaid finance charges which will be due at closing. First adjusted payment will likely increase to approximately 1,239.35.
  • Interest rate and APR are variable and subject to increase
  • Not available in all states.
  • Rates are subject to change daily without notice.
  • Payment amounts shown do not include taxes or insurance.
  • The advertised loan is a 15-year fixed rate full amortizing loan, assuming a $225,000 loan amount and a 2% interest rate.
  • This loan has 180 monthly principal and interest payments of $1448. The disclosed APR is based on 0 discount points, 0% origination fee and $ in additional prepaid finance charges due at closing.
  • The Annual Percentage Rate (APR) is 2.337%.
  • Disclosure Assumptions

  • Interest rate quoted assumes a FICO score of 720 with a maximum loan-to-value ratio of 80% on a primary residence.
  • The actual interest rate, APR and payment may vary based on the specific terms of the loan selected, verification of information, your credit history, the location and type of property and other factors as determined by Lenders.
  • Not available in all states.
  • Rates are subject to change daily without notice.
  • Payment amounts shown do not include taxes or insurance.
  • The advertised loan is a 30-year fixed rate fully amortizing loan, assuming a $225,000 loan amount and a 2% interest rate.
  • This loan has 360 monthly principal and interest payments of $832. The disclosed APR is based on 0 discount points, 0% origination fee and $ in additional prepaid finance charges due at closing.
  • The Annual Percentage Rate (APR) is 2.362%.
  • Disclosure Assumptions

  • Interest rate quoted assumes a FICO score of 720 with a maximum loan-to-value ratio of 80% on a primary residence.
  • The actual interest rate, APR and payment may vary based on the specific terms of the loan selected, verification of information, your credit history, the location and type of property and other factors as determined by Lenders.
  • Not available in all states.
  • Rates are subject to change daily without notice.
  • Payment amounts shown do not include taxes or insurance.

Home Equity Loan/Home Equity Line of Credit

If your home is worth more than you owe you may be able to borrower again that portion of available equity in your home. So which product is right for you? You should talk to your personal financial advisor before making any decisions. If you become delinquent on your payments to your mortgage and your home equity loan you could lose your home in a foreclosure proceeding. Think about the additional monthly payment and if you truly have an ability to repay it. Be honest with your lender and provide all the requested documents and fill out a formal application with the lender you choose, pay attention to points, fees, interest rates and terms associated with each product and find the one that suits your personal financial situation.

Home Equity Loans: Most Home Equity Loans have a fixed interest rate, so your monthly payment will be the same for the agreed upon term. The interest paid is generally tax deductible, but always find out for sure through your financial and/or tax advisor. Qualifying for a Home Equity Loan depends on the underwriting criteria set by the lender, the available equity in your home and your ability to repay the loan. Generally lenders review your credit score, credit history, employment history, debt, income and ability to repay. Some lenders require that you have an account with them and have a certain percentage of equity in your home to qualify. Ask them what up-front fees are assessed and if there are any pre-payment penalties.

Home Equity Line of Credit: A Home Equity Line of Credit (HELOC) is a type of loan also takes a security interest in your home but allows you to have a “draw period” so that you can access the line of credit (like a credit card) when you need it. HELOCs, generally, are variable rate loans which means the interest rate of repayment will be based on a predefined index rate. Terms for repayment can be 25 years with a period to draw off the amount for 10 years. Maybe you don’t need all the money at once and this way you can use what you need and begin repayments and draw again (during the prescribed time) when you need it again.

“As Low As Rates” as of April 23, 2018:

Loan Amount APR Payment
$25,000.00 2.99% $105
$50,000.00 2.24% $191
$100,000.00 2.24% $382

The "As Low As Rate" of 2.24% APR is the lowest rate that most consumers at LendingTree were able to get. Some consumers received lower rates, and other consumers received higher rates, but a typical consumer can get rates as low as the above rates based on the typical loan amount sought.

LendingTree does not warrant lender information/data and makes no claim to the availability or terms associated with these products. Ask what criterion is required to qualify for each lender and for each product. Please weigh your options carefully. Rate and terms may change at any time before or after account opening and vary by property type, loan amount, credit history, lien position, and loan-to-value (LTV) ratio, debt-to-income (DTI) ratio, FICO score and draw amount at closing, if product is chosen. Generally, home equity loans are not available for homes currently for sale. Homes previously listed for sale must generally be off the market for at least ninety days prior to applying to lenders for a home equity loan or HELOC. Rates subject to change daily and minimum line amounts may apply. All accounts are subject to individual lender approval. See also http://files.consumerfinance.gov/f/201204_CFPB_HELOC-brochure.pdf

LendingTree Advertisement Disclosure (last updated June 8, 2018): LENDINGTREE, LLC IS A MARKETING LEAD GENERATOR AND IS A DULY LICENSED MORTGAGE BROKER, AS REQUIRED BY LAW, WITH ITS MAIN OFFICE LOCATED AT 11115 RUSHMORE DR., CHARLOTTE, NC 28277, TELEPHONE NUMBER 1-800-555-8733. For a current list of applicable state licensing and disclosures, click Licenses and Disclosures or call for details. LendingTree, LLC NMLS Unique Identifier # 1136, AK Mortgage Broker/Lender License #AK1136; AZ Mortgage Broker, License #'s MB-0902469 and MB-0909882; California Dept. of Corporations, California Finance Lenders Law License No. 6037234; CO Mortgage Company Registration Regulated by the Division of Real Estate; CT Mortgage Broker, License #4164 - MORTGAGE BROKER ONLY, NOT A MORTGAGE LENDER OR MORTGAGE CORRESPONDENT LENDER; Georgia Mortgage Broker/Processor License #12989; Illinois Residential Mortgage License #0005433; Kansas Mortgage Company License #MC.0002279; MA Mortgage Broker License #MB1136 - We arrange but do not make loans; ME Loan Broker License #CSO06321; Licensed by the Mississippi Department of Banking and Consumer Finance as a Mortgage Broker License #1136; MO Mortgage Broker License #10-1261, 727 N. First Street, Suite 310, Saint Louis, Missouri 63102; MT Mortgage Broker, License #1097; Licensed by the New Hampshire Banking Department; NJ Residential Mortgage Broker License # 0801779 - broker will not make any mortgage loan commitments or fund any mortgage loans; NV Mortgage Broker License #1698; LT Technologies in lieu of true name LendingTree, LLC, Registered Mortgage Broker-- NYS Department of Financial Services License #A004890 - Broker arranges mortgage loans with third-party providers; OH Mortgage Broker License #MB.802159.000, 7494 Preserve Place, West Chester, OH 05069; OR Mortgage Lending License #ML-1862; PA Licensed Mortgage Broker by the PA Department of Banking #20298; Rhode Island Licensed Loan Broker #20062113LB; Texas Mortgage Company License Unique Identifier #1136, Mr. Shan Guo #300978, Residential Mortgage Loan Originator at 1312 Village Creek Drive Suite 900, Plano TX 75093; VA Mortgage Broker License #MC-1052, Licensed by the Virginia State Corporation Commission; WA Mortgage Broker License #MB1136. Advertised Terms and Information
  • The information and disclosures above relate to advertised terms made by or through LendingTree.
  • Interest rates and terms are from a lender or lenders with whom LendingTree may match you and that offer the particular product. The disclosures are current as of the date indicated.
  • LendingTree is not a lender in any transaction and does not make loans, loan commitments or lock-rates. All credit decisions, including loan approval and the conditional rates and terms you are offered, are the responsibility of the participating lenders and will vary based upon your loan request, your particular financial situation, and criteria determined by the lenders to whom you are matched. Not all consumers will qualify for the advertised rates and terms.¬†APR may be in lieu of rebates or incentives. Dealer participation may affect consumer cost.
  • You may not be matched with a lender making a particular conditional loan offer, and LendingTree does not guarantee that any lender will make you a conditional loan offer. LendingTree arranges for multiple conditional loan offers through its network of nonaffiliated lenders. See the Terms of Use Agreement for more details. The Terms of Use Agreement governs these advertised Terms and Information.
  • FICO score means the FICO credit score report that a lender receives from a consumer reporting agency.