July 2008
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Home Loans

GetSmart is a leading financial services marketplace that offers borrowers access to a range of home loans products from a network of more than 250 lenders.

Consumers who visit the site at www.getsmart.com fill out a short and simple form to be matched with up to four lenders.

It still does not make it easier to find the cheapest lender for a home loan. One always finds out too late, one could have gotten a better rate somewhere else. All this could have been avoided with GetSmart, an online financial market-place for matching up lenders and consumers.

Founded in 1996, GetSmart is based in Charlotte, North Carolina, is owned and is operated by LendingTree, LLC. It’s different than a traditional loan center, in that consumers enjoy a shorter, less invasive loan questionnaire (about 20 questions), and are then matched with lenders on an information only basis – they are not asked for specific lending criteria, like social security number.

Once they choose a lender, consumers can then go through the necessary channels with one lender to receive a pre-approved home loans offer. And this with more than 250 financial services providers participating on the GetSmart exchange.

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