Summary
There’s a good chance you’ve heard of LendGo before, with their “Mortgage Shopping Made Simple” slogan popping up everywhere you go online. If you haven’t heard of them, listen up: this is the best it gets in the mortgage lending biz.
What Lendgo does best
LendGo is an online platform with a nationwide banking network, allowing homeowners to instantly compare multiple offers, all but assuring the lowest possible interest rate on their loan. Looking for a 30 year fixed mortgage? LendGo has it. A 5/1 ARM with a lower rate than pretty much anywhere else? They have that as well. Refinances are no problem for LendGo either - they have a multitude of lenders specializing in these types of loans. With FHA lenders, VA lenders, banks with a HELOC niche, HARP refinance specialists and more, LendGo is a one-stop shop for any type of mortgage out there. Their website is impressive - from powerful tools like home affordability calculators to their detailed mortgage guide, LendGo serves as an A to Z reference point for anyone looking to buy or refinance a home. Any question you might have, they have the answer. The site is like mortgage college -- are you ready for your degree? The best part of LendGo is their mortgage shopping experience. By giving you the ability to customize your loan to your budgetary needs, LendGo has made getting a mortgage extremely homeowner friendly. All you have to do is answer a few simple questions, narrow down the type of loan you want, and boom! Your potential mortgage goes out to their vast lender network, bringing back multiple offers from which to choose. All of this occurs within minutes, by the way. It’s that fast!
Any Downside?
Nothing that we found. LendGo is truly the first class concierge service of the mortgage world. Their website is clean, straightforward and easy to use, and they offer every type of mortgage loan you could ask for.
What Homeowners Are Saying
LendGo maintains a perfect A+ rating with the BBB, which, considering the extremely large number of mortgage requests they receive, is incredibly impressive. By creating competition between lenders for mortgage business, LendGo has shifted the leverage from bank to buyer. The playing field has been levelled - more than levelled, actually, as the mortgagor now has multiple banking options from which to choose. Banks simply have to make their offers more attractive. Being an online platform means that physical proximity of local branch offices are no longer a consideration for people seeking a mortgage. With LendGo, the negotiating power lies in the homeowner’s hands.
Overall Rating: 4.7 / 5
If you need a home loan, there’s no better place to turn first than LendGo. Easy to use web platform, free information, customized rate quotes from a large lender network; they really have it all. Their “Mortgage Shopping Made Simple” slogan checks out. We couldn’t find a better mortgage resource than these folks.
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