Best Reviews TopConsumerReviews.com Best Home Loans Best Reviews
Best Reviews
      July 18, 2019

Home  >  Home Loans  >  LendingTree vs The Easy Loan Site

Best

Home Loans

  1. Quicken Loans
  2. Smart Quote
  3. Freedom Mortgage
  4. The Easy Loan Site
  5. Lower My Bills

Compare Products

  • Select any 2 companies in our reviews to compare them head-to-head!
  • Compare

Your Information Is Secure
Mortgages: The Complete Guide Newsletter

Latest Reviews

Cruise Vacations

Dental insurance

Keto Diets

Learn to Read Programs

Menopause Relief

Online Fitness

Personal Trainers

Pet Meds

Popular Diets

Wedding Planning Guides

 

Individual Reviews

LendingTree

Quicken Loans

Smart Quote

Freedom Mortgage

The Easy Loan Site

Lower My Bills

 

Our professional reviewers evaluate products and services independently, but Top Consumer Reviews may earn money when you click on the links on our pages. Learn more.

Better Business Bureau Reliability Seal

LendingTree vs The Easy Loan Site

Best Home Loans

To help you find the Best Home Loans, TopConsumerReviews.com provides you with an in-depth comparison of LendingTree and The Easy Loan Site.

To see ALL of our reviews for the Best Home Loans, please Click Here

Today, home loan rates and home prices are very favorable to the buyer. Not only can you find a great home at a good price, you can usually borrow money at very affordable rates. And lending companies are once again eager to loan money to well qualified buyers.

A savvy home buyer should take the time to determine which home loan lender has the best home loan rates. Shopping for the right home loan can save you thousands of dollars in interest and mortgage payments. A low home interest rate can also enable you to pay off your home loan years ahead of schedule.

Continue reading below reviews

Best Reviews

2019

Home Loans Reviews

5 stars
LendingTree

LENDINGTREE Visit Site

TopConsumerReviews.com Best-In-Class Blue Ribbon Award LendingTree is a leader in the mortgage business. Founded in 1996, LendingTree has successfully helped take the stress out of borrowing money for millions of customers. They currently hold an A+ rating with the Better Business Bureau and provide the most user-friendly, comprehensive home loan website available today.

LendingTree expedites the loan process by providing their customers a list of the best loans available for their specific needs and credit score. Their website lets you to enter all the necessary details and information directly into their system, to quickly find the best mortgage terms suited for your specific loan. This process is free and secure. LendingTree has relationships with over 150 banks and lenders which completely eliminates the time and effort needed to compare several loans at once before making a selection.

Inquiry Process:

  1. Complete a simple home loan online request to specify the property type, credit rating, property location, mortgage amount, and contact information
  2. Receive up to 5 online offers from lenders in minutes
  3. Compare mortgage rates and terms for each loan
  4. Choose the home loan that best fits your needs and complete an official application for that lender

Another bonus with the LendingTree website is the extensive home loan tools they provide. These tools help customers identify how large of a mortgage they can afford, and what type of loans exist. They also provide extensive articles on the mortgage process including down payments, closing costs, and much more.

For customers with a lower credit score, LendingTree provides information on credit repair and a credit monitoring service to make sure your credit report is as clean and strong as possible before applying for a home loan.

LendingTree has designed the most comprehensive website that is equipped to quickly and painlessly match lenders to home loan borrowers in minutes. The number of lender relationships, the helpful tools, the professionalism, and additional services all make LendingTree the go-to website for all of your home loan needs. They earn our highest rating.

Visit Site

2.5 stars
The Easy Loan Site

THE EASY LOAN SITE Visit Site

The Easy Loan Site is a no frills home loan and refinance website that focuses on connecting mortgage shoppers with lenders based on each customers needs. The Easy Loan Site has an A rating from the Better Business Bureau and is Norton secure certified.

Immediately we noticed that the website lacks much of the information and resources we had grown to expect from those companies ranked higher. There are no investment research tools, market analysis or any of the other helpful features we found elsewhere. The main page simply states the company name, advertises the lowest rate available today, and lures potential clients to "lock in now".

There is a simple drop down menu box from which you can select the type of loan you are looking for (new mortgage, refinance, or equity loan) and then it continues to take you through a long list of questions designed to determine which lenders could provide the best deal based on the requirements of the customer.

Inquiry Process:

  • Complete online application with type of loan, amount, credit rating estimate, location, and description of the property
  • See a list of 3-5 potential lenders and their rates, with contact information
  • Receive calls from potential lenders 24+ hours later

The process for filling out the online form is made very simple with the use of this drop down window. In less than a minute we were able to navigate through the various questions and get to a screen that showed us three competing lenders with rates that looked fairly competitive. We were also given notice at that point that we would be contacted by lenders within 24 hours.

Everything worked as it should, but the experience left us a little unimpressed because the site offered so little other than a basic loan search engine. With no research tools or any other information, The Easy Loan Site may be a fine place to look for a mortgage lender but a basic search engine is about all they offer.

Visit Site

Continued from above

Traditionally this involved visiting different banks and lending institutions, filling out paperwork, and waiting for a reply to come in the mail. Using the internet, however, makes this process much easier. With this latest trend in finding a home mortgage, you can easily browse through offers from a variety of lenders in the comfort of your own home. You'll find that online home loan lenders often offer the best home loan rates.

Before you begin your home loan search, you should consider the following:

  • Application process. What is the process of inquiring for a home loan? Can you expect a phone call or does the home loan company offer a more convenient online application process?
  • History. What might you qualify for, given your credit history, size and type of home loan desired? Does the home loan company have a history of effectively and professionally assisting consumers?
  • Number of Lenders. How many lenders does the company work with to find you the best home loan rate? How does this compare?

TopConsumerReviews.com has reviewed and ranked the best Home Loans available today. We hope these reviews help you find the loan that meets your financial needs!

Weekly mortgage applications drop as rates rise and homebuyers pull back

Mortgage application volume decreased 1.1% last week from the previous week, according to the Mortgage Bankers Association. Volume was 36% higher compared than a year earlier, thanks to stronger ...

Published:  Wed, 17 Jul 2019 04:09:00 GMT



FDIC Plan Would Ease Requirement for Banks Selling Mortgage Securities

WASHINGTON-A regulator proposed easing a hurdle for banks to sell pools of home-mortgage obligations, as part of an effort to spur competition in a market dominated by government-backed entities such ...

Published:  Tue, 16 Jul 2019 12:32:00 GMT



Australian banks begin lowering mortgage stress test rates

SYDNEY (Reuters) - Westpac Banking Corp (WBC.AX) and Australia and New Zealand Banking Group (ANZ.AX) are starting to lower the interest rate they use to stress tests customers' loan applications, a ...

Published:  Mon, 15 Jul 2019 23:54:00 GMT



Irish Banks Pay Out Close to $770 Million in Mortgage Scandal

Irish banks paid out more than three quarters of a billion dollars to customers who were overcharged on their mortgages, a scandal that has tarnished the industry for a decade since the financial ...

Published:  Tue, 16 Jul 2019 03:00:00 GMT



Uptick In Mortgage Banking Revenues Likely To Be The Lone Bright Spot In Wells Fargo's Q2 Results

Wells Fargo (NYSE: WFC) will release its Q2 2019 earnings on Tuesday, 16 th July. With the period being a overall slow period for the U.S. banking industry, and keeping in mind the Fed's growth ...

Published:  Mon, 15 Jul 2019 08:18:00 GMT



Canada's mortgage market slows to weakest growth rate in more than 25 years: CMHC

The Canadian mortgage market slowed to its weakest growth rate in more than 25 years in 2018, according to a new report, as tighter lending regulations, rising interest rates and a softening real ...

Published:  Tue, 16 Jul 2019 17:01:00 GMT



This is the credit score you typically need to take out a mortgage

If you're thinking about buying a house in the next few years, you might want to work on improving your credit score. The Federal Reserve reports that 90% of U.S. mortgages taken out in the first ...

Published:  Mon, 15 Jul 2019 18:11:00 GMT



Mortgage industry should prepare for new interest-rate index, Fed working group says

Alternative Rates Reference Committee, Federal Reserve, Federal Reserve Bank of New York A new interest-rate index can be a suitable replacement for Libor, the current benchmark rate index set to be ...

Published:  Sun, 14 Jul 2019 06:16:00 GMT



Did the mortgage business have a good second quarter? Big bank originations may tell the tale

Thanks in large part to interest rates that have fallen throughout much of the year, it appears that the mortgage business had quite a solid second quarter, at least at some of the nation's largest ...

Published:  Tue, 16 Jul 2019 11:53:00 GMT



Share Us!    Share TopConsumerReviews.com on Twitter Share TopConsumerReviews.com on LinkedIn Share TopConsumerReviews.com on Google+ Share TopConsumerReviews.com on Pinterest

Home      About Us      Terms & Conditions      Privacy Policy      Contact Us      Disclosure