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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 tofinance, 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 toBuyers, 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 importantlya Seller’s choice in… · More accepting that Buyer’s “Pre-Approved” financingletter. LoanCheck offers in-depth analysis of the residential mortgage lending processexclusively to REALTORS® and their clients, providing the expert analysisthat the Realtors themselves would provide if they were also experiencedmortgage loan originators.
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