Marketplace Home Mortgage Offers New On-Time Closing Guarantee

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Company leaders say they are so confident that they can get a loan closed on time, they’ll guarantee it.

The last thing a home buyer wants when making their big move is a surprise. That’s why a leader in the mortgage industry announced today its promise to help make purchasing a home even more secure.

Marketplace Home Mortgage has rolled out its on-time closing guarantee, which ensures that a mortgage will close on or before the new home’s closing date, or the home buyer and seller will be entitled to compensation.

“The last thing we want is for a client to have all their belongings in the moving truck and not be able to move into their new home,” said Greg Ettinger, MHM’s Chief Development Officer. “This ensures that customers will feel secure in knowing Marketplace Home Mortgage is working hard so they can move into their new home on time.”

If Marketplace Home Mortgage misses the closing date, the customer is eligible for up to a one time $1,500 mortgage payment and the seller will be eligible to receive a $5,000 benefit.

The new initiative is in keeping with MHM’s mantra of raising the bar for superior customer service and reliability, said company CEO Keith White.

“This should reinforce to our customers and referral partners just how confident we are in our ability to close every loan on time,” he said. “It’s really about providing our customers with peace-of-mind, knowing that when they use Marketplace, we’re going to guarantee that their mortgage will close on time.”

For more details on qualifications, click here.

Marketplace Home Mortgage prides itself on making the mortgage process easy and transparent.

“There’s nothing more unnerving than experiencing uncertainty about whether you’re going to get into your new house on time,” Ettinger said. “With this guarantee, we’re hoping to put our customers at ease knowing we’re looking out for them.”

About Marketplace Home Mortgage:
Having just entered its 20th year of providing start-to-finish mortgage services to real estate professionals, builders and individual homebuyers, Marketplace Home Mortgage has built its reputation on competitive terms, and swift and accurate processing with no surprises. Each step is carried out by our experienced and highly trained staff who embrace the highest ethical standards under absolute transparency. Marketplace Home Mortgage is based in the Twin Cities of Minnesota, with offices in southwest Florida; Duluth, Minn.; Omaha, Neb.; Milwaukee, Madison, and Green Bay, Wis.; and newly opened offices in Sioux Falls, S.D. as well as Denver and West Minster, Colo. Learn more at, or on Facebook or Twitter. Reporters and Editors to schedule an interview with a mortgage expert in your market contact Robb Leer 612.701.0608 or robbl(at)leercommunication(dot)com.


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Robb Leer