Question : Why are so many online mortgage companies based in Louisville, KY?
I recently filled out an online application at lendingtree.com and I was contacted by 14 brokers, all in Kentucky.
online mortgage application

Best answer:

Answer by Gregorio
The mortgage brokers that respond are not “online mortgage companies” They are whomever pays lending tree for your information. (Are you in Kentucky?) Lending tree makes money collecting lead fees from brokers, not from actually getting you a loan. You would be better served by picking a broker yourself based on your own set of criteria than having Lending tree sell you to the highest bidder … and in their case … multiple bidders.