LoanCheck addresses a serious flaw in today’s real estate market:
Written loan pre-approvals cannot be trusted.
Reported in 2012, fully ONE-THIRD of so-called pre-approved loans failed to
finance, three times as many failures as the year before!
Who is harmed the most by loan abuse? Buyers – and also Sellers!
LoanCheck is developing a revolutionary new service bringing critical data and insight to
Buyers, Sellers, Realtors® and Lenders.
Just as a CarFax® helps in the uncertainty buying a used car, a LoanCheck®
report will help in the uncertainty of a Buyer’s choice of Lender, but more importantly
a Seller’s choice in accepting that Buyer’s “Pre-Approved” financing
LoanCheck offers in-depth analysis of the residential mortgage lending process
exclusively to REALTORS® and their clients, providing the expert analysis
that the Realtors themselves would provide if they were also experienced
mortgage loan originators.