CHARLOTTE, N.C., Jan. 23, 2017 /PRNewswire/ -- LendingTree®, a leading online loan marketplace, released today its quarterly list of the top customer-rated network lenders for the third quarter of 2016. Winners were based on a five-star quality review system for overall customer experience as determined by actual LendingTree users. The list features the top lenders in LendingTree's core financial marketplace categories: Home Lending, Personal Loans, Auto Loans, and Business Loans.
The top lenders of Q3 2016 by rank are:
Home Lending Category
1. Veterans United Home Loans
2. Triumph Lending
3. Royal United Mortgage
4. HomePlus Mortgage
5. Wyndham Capital Mortgage
6. North American Savings Bank
7. Pulaski Bank Home Lending
8. AmeriSave Mortgage Corporation
9. ConsumerDirect Mortgage, A Division of FirstBank
10. Insight Loans (tie)
10. Seckel Capital, LLC (tie)
Personal Loans Category
Auto Loans Category
Business Loans Category
"The Federal Reserve's decision to raise interest rates will likely encourage more consumers to be price-conscious when it comes to their loans," said Neil Salvage, President of LendingTree. "LendingTree enables borrowers to compare rates, offers, and lenders based on actual customer reviews across a network of over 450 lending partners. Customers who have used LendingTree save an average of over $14,000 on the total cost of their mortgage by comparing multiple offers from different lenders. LendingTree's network lenders strive for excellent customer service and according to LendingTree customers, these lenders came out on top in the third quarter. We're thrilled to have so many partners on our network who are dedicated to providing an excellent experience for borrowers."
LendingTree® is the nation's leading online loan marketplace, empowering consumers as they comparison-shop across a full suite of loan and credit-based offerings. LendingTree provides an online marketplace which connects consumers with multiple lenders that compete for their business, as well as an array of online tools and information to help consumers find the best loan. Since inception, LendingTree has facilitated more than 65 million loan requests. LendingTree provides free monthly credit scores through My LendingTree and access to its network of over 400 lenders offering home loans, personal loans, credit cards, student loans, personal loans, business loans, home equity loans/lines of credit, auto loans and more. LendingTree, LLC is a subsidiary of LendingTree, Inc.
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