Best Reviews TopConsumerReviews.com Best Mortgage Refinance Programs Best Reviews
Best Reviews
      January 19, 2020

Home  >  Mortgage Refinancing  >  LendingTree vs Mortgage Search 123

Best Mortgage

Refinance Programs

  1. Quicken Loans
  2. The Easy Loan Site
  3. Rate Marketplace
  4. Mortgage Srch 123
  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

Allergy Relief

Cheesecake Clubs

Copyright Registration

Dog Treat Clubs

Home Security Systems

Painting Lessons

Tinnitus

Wedding Planning Software

 

Individual Reviews

LendingTree

Quicken Loans

The Easy Loan Site

Rate Marketplace

Mortgage Search 123

Lower My Bills

 

Related Articles

The Basics of Refinancing Your Home Mortgage

What to Know Before Refinance Your Home Mortgage

The Latest News in Home Mortgage Refinancing

 

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 Mortgage Search 123

Best Mortgage Refinance Companies

To help you find the Best Mortgage Refinance Programs, TopConsumerReviews.com provides you with an in-depth comparison of LendingTree and Mortgage Search 123.

To see ALL of our reviews for the Best Mortgage Refinance Programs, please Click Here

When is it a good time to refinance your mortgage? If your existing mortgage rate is higher than the current rate for your credit score and mortgage type, you need to explore it. Would you like to lower your mortgage payment to make your house more affordable? Are you considering updates to a kitchen or a bathroom, and want to get some extra cash to afford them?

Before you stop off at the local bank to discuss home refinancing you should consider comparing refinance options online. Just visiting your local bank won't give you your best rate, which means you'll pay more. Refinancing your home through an online mortgage refinance company lets you quickly find the best rate given your credit worthiness, loan size and type.

Continue reading below reviews

Best Reviews

2020

Mortgage Refinance Reviews

5 stars
LendingTree

LENDINGTREE

Visit Site

TopConsumerReviews.com Best-In-Class Blue Ribbon Award LendingTree is truly a one stop shop for all your mortgage refinancing needs. In business since 1996, LendingTree has helped thousands of customers successfully refinance their mortgage. They currently hold an A+ rating with the Better Business Bureau and provide the most user-friendly, comprehensive mortgage refinancing website available.

LendingTree allows you to enter all the necessary details and information directly into their system, and quickly move forward to find the best mortgage lender. This process is free and secure. Impressively, LendingTree has relationships with over 150 lenders. Once your details are entered online, they automatically find up to 5 lenders with refinance rates available to you.

Inquiry Process:

  • Complete online request identifying property type, your credit rating, property location, mortgage amount, and contact information
  • Receive up to 5 online offers from lenders in minutes
  • Compare mortgage rates and terms for each loan
  • Choose the loan that best fits your needs

We really liked the helpful tools on the website that assist with calculating what we could afford and how much cash we could take out of our existing home. For those with a lower credit score, LendingTree provides information on credit repair and a credit monitoring service to make sure your rate is as good as possible.

Overall, LendingTree has built a superior refinancing website that serves to streamline the mortgage refinance process in the most efficient manner. The number of lender relationships, the helpful tools, the professionalism and additional services all make LendingTree stand ahead of the pack. If you're considering refinancing your mortgage, you owe it to yourself to check out LendingTree.

Visit Site
1.5 stars
Mortgage Search 123

MORTGAGE SEARCH 123

Visit Site

Mortgage Search 123 is not your standard refinance website. They focus their effort on those individuals looking to refinance their home to avoid foreclosure. Mortgage Search 123 matches consumers with companies that may offer foreclosure prevention services. They clearly state the lender may not be willing to change the consumer's loan so we have to wonder if they are leading people in for debt management services instead.

The look and feel of Mortgage Search 123 is unprofessional and unimpressive. The website lacked information about the legitimacy of the company and the overall loan inquiry process.

Inquiry Process:

  • Complete online request with property location, home value, credit, contact information, status of house payments and credit card payments, total monthly debt payments and more.
  • A loan contact from any bank interested in working with you will call.
  • Choose a loan based on the conversations you've had with various banks.

Mortgage Search 123 lacked the necessary credentials and information we were looking for to become comfortable with providing them much information. We also didn't like that their only focus was refinancing to save from foreclosure. We recommend you choose a higher ranked mortgage refinance company to assist with any of your loan needs.

Visit Site

Continued from above

The best refinance companies allow several banks to compete for your loan, in order to provide you the lowest mortgage payment. They save you the hassle of calling several banks and lending institutions, and completing multiple refinance applications.

But not all online mortgage refinance brokers are the same. Before you start your search you should consider the following:

  • Number of Lenders.  How many banks and lenders does the company work with to find you the best rate? The larger the number, the more likely you'll receive the best rate.
  • Application process.  What is the process of gathering the information needed to begin the mortgage search?
  • Timeliness.  Are you going to have to wait for a call to discuss all of the necessary details, or will the online application expedite the process and provide you the details you're looking for?

TopConsumerReviews.com has reviewed and ranked the best online mortgage refinance providers available today. We hope these reviews help you as you decide to refinance your mortgage!

4 key questions to ask now before you decide to refinance your mortgage

With 30-year mortgage rates at historic lows, more homeowners are refinancing. But before you sign on the dotted line, ask yourself these four key questions.

Published:  Thu, 16 Jan 2020 10:40:00 GMT



Falling Mortgage Rates Set Off a Stampede of Borrowing

Mortgage applications have surged more than 30% as Americans flock to take advantage of the lowest mortgage rates in months, a trade group said Wednesday. "The mortgage market saw a strong start to ...

Published:  Wed, 15 Jan 2020 17:47:00 GMT



Weekly mortgage applications soar 30% as homebuyer demand hits the highest level in 11 years

Purchase application volume hit the highest level since October 2009, rising 16% for the week and 8% from a year ago, according to Mortgage Bankers Association data. It was a seriously strong start to ...

Published:  Wed, 15 Jan 2020 17:19:00 GMT



Mortgage rates up slightly in wake of China trade agreement

According to the latest data from the Mortgage Bankers Association, the market composite index - a measure of total loan application volume - increased 30.2 percent last week. The refinance index ...

Published:  Thu, 16 Jan 2020 07:46:00 GMT



Better.com Awarded NerdWallet's Best Mortgage Lender for Refinance 2020

Better.com, one of the fastest-growing homeownership companies in the country, was today awarded NerdWallet's 2020 Best-of Award winner within the Best Mortgage Lender for Refinance category. This ...

Published:  Wed, 15 Jan 2020 06:26:00 GMT



Share Us!   

Home      About Us      Terms & Conditions      Privacy Policy      Contact Us      Disclosure