Loancheck, Inc

LOANCHECK ADDRESSES A SERIOUS FLAW IN TODAY’S REAL ESTATE MARKET: Written loan pre-approvals cannot be trusted. Real estate agent reports & surveys in 2016 back to 2005, described disturbingly high percentages of "Pre-approved Loans" that failed to finance! Who is harmed the most by this? Buyers and also Sellers! LoanCheck will be a revolutionary new service bringing critical data and insight to Buyers, Sellers, RE Agents 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. This, if analyzed just after an Accepted Offer-To-Purchase, could save everyone involved great amounts of time, money and value. Today pre-approvals are only criticized after they fail. LoanCheck will offer in-depth analysis of the residential mortgage lending process to R.E. agents and their clients, providing the expert analysis that the agents themselves would provide if they were also experienced mortgage loan originators. FUTURE PRODUCTS & SERVICES Tools soon available through the website LoanCheck.net will include the various LoanCheck Reports; capable of providing in-depth analysis for the financing side of all purchase transactions. The Buyer’s LoanCheck with certificate -will present the buyer’s “financing required” offer in its best possible light. The Seller’s LoanCheck - provides home sellers a reasonable inspection of any buyer’s mortgage pre-approval letter. The Lender’s ProReport - informs anyone of the many differences between mortgage loan originators. INVESTMENT SUMMARY LoanCheck is currently raising seed capital (50K -2M) through a combination of privately offered set of Convertible Promissory Notes and Preferred Equity to Qualified Individuals or institutions. Contact us for more information.