About
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 letter. 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.