That is a good point. Actually, Lenders in all states pay us a broker fee for closed loans or we would most likely go bankrupt. I would also like to point out a couple of items in this disclosure:

-The disclosures, terms of use, etc. are the same at LendingTree.com as they are through any partner, which illustrates my point that Lenders do not pay any additonal fees to LendingTree when working with a customer through an airline program.
-The actual amount of the 'broker fee of up to $925' is determined by the amount of the loan and is rarely that high.
-"This is the total compensation LendingTree will receive from the Lender for its services and is paid by the lender." This states that the Lender cannot pass the cost on to the consumer. Therefore, this cost is incurred by the lender.

As a person with an interest in a competitor to LendingTree I would expect nothing less than negative opinion of our program and I respect your loyalty to your own ‘Miles-for-Mortgage’ Program…whichever that may be.

Thank you for the response bocastephen. Let me know if you have any other questions.

Eric