WalletHub, Financial Company
LendingClub does not offer mortgages. They offer four types of loans: general-purpose personal loans, auto refinancing loans, business loans, and medical patient financing. LendingClub doesn’t limit what their personal loans can be used for, but mortgage lenders don’t allow personal loans to be used for a down payment.
Plenty of major banks offer mortgages, including Chase, Citi, Bank of America and Wells Fargo. Some online lenders, such as SoFi and Quicken Loans, offer them as well. Or, you could get a mortgage from a local bank or credit union.
The best approach is to get pre-approved and compare multiple mortgage offers before settling on one. You can view the latest mortgage offers on WalletHub.
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