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LendingTree vs. Rocket Mortgage

Compare home loan programs, fees and requirements to decide where you'll get your next home loan.

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Britny Lawhorn
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Our verdict: Consider including both options as you shop for a mortgage

Comparing a lender to a mortgage broker service is a little like trying to contrast apples and oranges. Both companies strive to save you time, and both offer quotes, but that may be the end of their similarities. So rather than ranking these two companies, you should choose the one that best meets your needs.

LendingTree can kick-start your comparison shopping by allowing you to enter your financial information once and get quotes from potential lenders who may be a good match. But while the service is free to homebuyers, it’s also known for failing to protect your contact information from spammers.

If you’d rather avoid the spam and shop around yourself, you may consider adding Rocket Mortgage — the largest mortgage lender in the US — to your list. This lender charges a fairly steep application fee as high as $750 but offers a streamlined application process and quick response time.

In the end, you could choose to work with both as you research lenders. Use the table below to understand what you should look out for before you apply.

How do LendingTree and Rocket Mortgage compare?

LendingTree logo
Rocket Mortgage logo

Loans offered

  • Conventional
  • Refinance
  • Jumbo
  • HELOC
  • FHA
  • VA
  • USDA
  • Conventional
  • Refinance
  • Jumbo
  • HELOC
  • FHA
  • VA
  • USDA

Minimum credit score

Conventional: 620

Conventional: 620

States available

Available in all states

Available in all states

Pros

  • Lender portfolio
  • Free to use
  • Money-saving notifications
  • Fast service
  • More flexibility
  • Prepayment is OK

Cons

  • Calls and emails
  • Could hurt your credit
  • Application fee
  • Some loans aren’t available
  • No physical locations

Customer reviews

As of November 2021, LendingTree has a rating of 4.5 out of 5 based on more than 10,300 reviews on Trustpilot. Borrowers say they like the simplicity and convenience of finding a loan through this platform. All that’s required is completing a single online form, after which you’re given multiple lenders and loan offers to choose from. On the other hand, LendingTree is only rated 1.53 out of 5 stars from 76 customers on the Better Business Bureau’s (BBB) website. The most common complaint is the volume of phone calls and emails customers receive after inputting their information to get a quote. LendingTree shares your contact information with a variety of third-party loan providers, and some of these lenders may contact you more often than you’d like.
Rocket Mortgage, previously known as Quicken Loans, also gets pretty high marks from customers. As of December 2021, the company earns a 4.48 out of a 5-star rating on Zillow from over 7,880 reviewers. Satisfied customers mention helpful, attentive and personalized service from loan officers, along with lower-than-expected interest rates and fees. Borrowers also liked Rocket Mortgage’s MyQL to track their loan’s progress. However, some customers were surprised about unauthorized credit inquiries, and others say that loan advisors were pushy when trying to close a loan. While Rocket Mortgage appears to offer good service, it has fairly numerous complaints on the Better Business Bureau website.

Compare mortgage lenders

Compare top brands by home loan type, state availability and credit score. Select See rates to provide the lender with basic property and financial details for personalized rates.

Data updated regularly
Name Product Loan products offered State availability Min. credit score ‎
Rocket Mortgage
(NMLS #3030)
Rocket Mortgage
Conventional, Jumbo, FHA, VA, Refinance
Available in all states
620
See rates
More Info
Streamline your mortgage from quote to final payment — all from your computer or phone.
AmeriSave
(NMLS #1168)
AmeriSave
Conventional, Jumbo, FHA, VA, USDA, Refinance
Not available in: NY
620
See rates
833-426-1288
Great customer reviews and customized rate quotes in three minutes with no SSN needed.
Veterans United
(NMLS #1907)
Veterans United
Conventional, FHA, VA, USDA, Jumbo, Refinance
Available in all states
620
See rates
More Info
Veterans United stands out from other lenders for its focus on serving the military community.
Better
(NMLS #330511)
Better
Conventional, Jumbo, FHA, Refinance
Not available in: HI, MA, MN, NV, NH, VT, VA
620
See rates
More Info
Online preapproval in minutes and no origination fees with this direct lender.
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