Tag Archives: LendingTree

LendingTree released on Tuesday the top 10 customer-rated lenders in its network, revealing California-based HomePlus Mortgage as the No. 1 lender for the second quarter. The top 10 list was created based on a weighted average of review rating and volume of customer reviews. Following HomePlus on the list were Pacific Beneficial Mortgage Company; Affinity Mortgage, LLC; Mortgage Loans for Texas; and Americash in the top five. The company's network includes more than 250 lenders.

A plurality of prospective homebuyers responding to an industry survey anticipate down payments of less than 15 percent when they purchase a new home. Forty-four percent of respondents anticipate low down payments of no more than 15 percent, while 34 percent foresee paying between 15 and 24 percent of purchase price at closing. Nineteen percent say they will put down more than 25 percent of their home purchase price when the purchase their next home, according to the survey conducted on behalf of LendingTree.

Though rising mortgage rates may act as a weight on today's increased housing affordability, a report from LendingTree shows down payment percentages continue to decline.

LendingTree, an online source for competitive home loan offers, announced the official launch of a new advertising campaign which will run across all marketing channels, including television, radio, print, online, direct marketing, and social media.

Mortech, Inc., announced the successful integration of LendingTree's new LoanExplorer product into its suite of marketing and point of sale tools.

When calculating average monthly mortgage payments by state and the District of Columbia, Lending Tree found the nation's capital has the highest average monthly payment and highest share of income that goes toward a house payment.