LendingTree Launches Blackberry App Connecting Users to On-the-Spot Mortgage Quotes

Released  June 28, 2010
By Megan Greuling

CHARLOTTE, NC (June 28, 2010) – LendingTree today announced the launch of its first Blackberry app, the Mortgage RateFinder, now available at Blackberry App World. The free application allows users to obtain on-the-spot loan offers anonymously.

“In today’s low-rate mortgage environment, it’s important for consumers to shop around to ensure they’re receiving the best possible rate,” said Doug Lebda, founder and CEO of LendingTree. “In fact, since the introduction of our iPhone Mortgage RateFinder app in January, consumers have received more than 51,000 loan offers from participating lenders.”

The free Mortgage RateFinder App is extremely user friendly. Consumers simply enter information about the loan they would like and the app will instantly provide users with up to 30 different, customized loan offers from network lenders. Once a great offer is found, users can simply click to be contacted by that lender and move forward with the loan request.

Feature Highlights

• Completely FREE App, Completely FREE offers
• Search anonymously
• Customized rates based on your loan profile
• Search as often as you would like
• One click to be contacted

LendingTree is strongly committed to protecting the privacy of all its customers. That’s why the Mortgage RateFinder only transmits a user’s personal information when that consumer requests to be contacted by a specific lender. Until that point, the search is anonymous and no lender can contact you without your pre-approved consent.

To view the LendingTree Mortgage RateFinder app and learn important rate and disclosure information, please visit http://www.lendingtree.com/appstore/.

About LendingTree, LLC
LendingTree, LLC is the nation’s leading online lender exchange and personal finance resource, helping consumers take charge of all their financial decisions, from budgeting to money management to mortgages to credit cards and more.  LendingTree provides a marketplace that connects consumers with multiple lenders that compete for their business, as well as an array of online tools to aid consumers in their financial decisions. Since inception, LendingTree has facilitated more than 27 million loan requests and $207 billion in closed loan transactions. LendingTree, LLC is a subsidiary of Tree.com, Inc. (NASDAQ: TREE). For more information go to www.lendingtree.com or 800-555-TREE.