LendingTree Launches ChatGPT Plug-In to Reimagine How Consumers Shop for a Mortgage

LendingTree, Inc., operator of LendingTree.com, the nation’s leading online financial services marketplace, announces their ChatGPT plug-in, enabling consumers to explore current mortgage and refinance rates through a natural conversation in ChatGPT, bringing the first step of mortgage shopping into one of the world’s fastest-growing AI experiences.

Consumers can share details like estimated credit score, state, and loan amount while conversing with the plug-in to instantly see how those factors can affect available rates. When they’re ready, they can seamlessly continue to LendingTree.com to compare personalized offers from LendingTree’s network of lenders.

Comparing mortgage offers is one of the most effective ways consumers can save money when buying a home. A recent LendingTree analysis found that borrowers who shop around could save an average of $62,572 over the life of a 30-year fixed-rate mortgage. The LendingTree ChatGPT app helps consumers take that important first step.

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“Consumers are changing how they research financial decisions, and we’re meeting them where they are,” said Scott Peyree, Chief Executive Officer at LendingTree. “Our ChatGPT plug-in brings the power of LendingTree’s mortgage marketplace into a conversational experience, making it easier to explore rates and understand the impact of key borrowing factors before applying for a loan. By making it easier to compare options from the very beginning of the homebuying journey, we’re helping consumers make more confident borrowing decisions.”

To access the LendingTree ChatGPT plug-in, consumers can visit LendingTree’s page in the plug-in directory and click “Install”. Once installed, users can ask about current mortgage and refinance rates directly within ChatGPT and before continuing to LendingTree.com for personalized offers.