finder.com

Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

LendingTree vs. Rocket Mortgage

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

Editor's choice: LendingTree(NMLS #1136)

LendingTree logo
  • Easy to get started
  • View rates from multiple lenders
  • Get alerts when a better deal is available
Compare with LendingTree
Avatar
Britny Lawhorn
Updated
Fact checked

How do LendingTree and Rocket Mortgage compare?

LendingTree logo
Rocket Mortgage logo
  • Choose this marketplace to compare a wide variety of loans
  • Watch out for a flood of emails and calls from potential lenders
  • A good option for borrowers who want to compare their options
  • Choose this lender for fast turnaround times
  • Choose another lender if you want to meet your loan officer in person
  • A good option for borrowers who prefer a fully online application process

Read review Go to LendingTree site

Read review Go to Rocket Mortgage site

Loans offered

  • Conventional
  • Refinance
  • Jumbo
  • Home Equity
  • FHA
  • VA
  • USDA
  • Conventional
  • Refinance
  • Jumbo
  • Home Equity
  • 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 October 2020, LendingTree has a rating of 4.5 out of 5 based on nearly 8,500 reviews on Trustpilot. Borrowers love the simplicity and convenience of finding a loan through this platform. All that’s required is completing a single online form, after which you are presented with multiple lenders and loan offers, giving you control over the home loan process. On the other hand, LendingTree is only rated 2.28 out of 5 based on 91 reviews on the Better Business Bureau’s (BBB) website. The most common complaint in LendingTree reviews is the volume of phone calls and emails customers later receive from potential lenders. This is because LendingTree shares your contact information with a variety of third-party loan providers after you complete the online application, and some of these lenders may contact you more often than you’d like.
As of November 2020, Rocket Mortgage has a 3.4 out of 5 star rating from Trustpilot based on more than 2,500 reviews. Most customers speak highly of its speedy application process and responsive customer service. The poor reviews mostly center around refinance applications and frustrations with the pace of the application process. Rocket Mortgage’s parent company, Quicken Loans, has been accredited with the Better Business Bureau (BBB) since 1986 and has an A+ rating as of November 2020. Of the 1,930 customer reviews, Quicken has earned a 3.67 out of 5 stars. While most reviewers have good things to say, some borrowers warn of poor account communication among loan officers and report submitting the same documentation multiple times as a result. Quicken has closed 816 customer complaints over the last three years.

Compare mortgage lenders and brokers

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.
Name Product Loan products offered State availability Min. credit score
SoFi
(NMLS #1121636)
SoFi
Conventional, Home equity, Refinance
Not available in: AK, HI, MO, NH, NM, NY, SD, WV
620
No hidden fees, multiple loan terms, and member discounts available.
See rates
More Info
Better
(NMLS #330511)
Better
Conventional, Jumbo, FHA, Refinance
Not available in: HI, MA, MN, NV, NH, VT, VA
620
Online preapproval in minutes and no origination fees with this direct lender.
See rates
More Info
Axos Bank
(NMLS #524995)
Axos Bank
Conventional, Jumbo, FHA, VA, Home Equity/HELOC, Refinance
Available in all states
620
Purchase, refinance, and home equity options available with lender fees as low as $0 (restrictions apply).
See rates
More Info
Rocket Mortgage
(NMLS #3030)
Rocket Mortgage
Conventional, Jumbo, FHA, VA, Refinance
Available in all states
620
Streamline your mortgage from quote to final payment — all from your computer or phone.
See rates
More Info
LendingTree
(NMLS #1136)
LendingTree
Conventional, Jumbo, FHA, VA, USDA, Home Equity, HELOC, Reverse, Refinance
Available in all states
620
Connect with vetted home loan lenders quickly through this online marketplace.
See rates
More Info
loading

Compare up to 4 providers

Alternatively, use the form below to compare rates from multiple lenders on LendingTree's secure site.

More guides on Finder

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site