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LendingTree - Lending Tree = Fraud for Profit

Lending Tree advertises 3.04% for a 15 Year Fixed. I submit, for lack of a better term, a perfect file -800 fico, no debt, $212k loan on a $400k property. I am used to getting the best rate - which is usually pretty close to the advertised rate. With the advertisement at 3.04%, I expected the rate offers to be 3% to 3.25%. What did I get offered? 4% with $4000 in fees, 4.98% with $2000 in fees. Nowhere near the advertised rate. NOW MY PHONE AND EMAIL IS BLOWING UP WITH THESE OFFERS. I AM IN THE SYSTEM AND CAN'T GET OUT. (NOTE: I WENT TO LENDING TREE BECAUSE MY LOCAL LENDER TOLD ME RATES WERE 3.5% -IT SEEMED HIGH BECAUSE OF ALL THE MISINFORMATION ONLINE. STAY AWAY. STAY AWAY. STAY AWAY.
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ID
#1195317 Review #1195317 is a subjective opinion of poster.
Service
Lendingtree Mortgage Refinance
Cons
  • Misinformation
Reason of review
Not as described/ advertised
Loss
$5000
Preferred solution
COMPANY TO BE HONEST...OR AT LEAST SOMEWHAT HONEST