Mortgage Leader Hires Home Building Expert to Lead Construction Lending Program

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Home building professional with national experience to oversee Marketplace Home Mortgage’s construction lending program

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“new construction is going to lead the purchase housing market”

A leading innovator in the mortgage industry has added an experienced specialist to oversee its Construction Lending program, the company announced today.

Marketplace Home Mortgage, L.L.C. believes that new home construction will be a driving source of purchase business opportunities and has hired Mark Muth to lead the division. Muth joins MHM as the Director of Construction Lending and will oversee the firm’s new Construction Lending program.

With 15 years of experience in the home building industry, Mark brings enthusiasm and expertise in providing cutting edge programs focused on helping homebuyers build their dream homes, while providing builders with tools and services simplifying the new construction finance process.

“Building our team with experienced industry leaders like Mark allows us to enhance the exceptional services we already deliver so we can continue to enhance our business and capture a greater market share of the growing new construction market,” said Chief Development Officer Greg Ettinger.

MHM recognizes that new construction is going to drive the housing market and offers construction lending to consumers to streamline and simplify the entire mortgage process.

The program, by taking the increased costs of construction finances away from the home builders, offers flexible options to home buyers that also benefit builders alike.

“Mark’s experience speaks to the quality of talent we have been hiring at Marketplace Home Mortgage,” said CEO Keith White. “With his expertise and vision, leading our Construction Lending division at a time when the opportunity is so vast, I anticipate really spectacular growth out of the program. Soon, we will be offering a state of the art technology package that will truly enhance the entire home building experience.”

MHM is equipped with the technology and reputation to seriously enhance the home building experience, Muth said, and as millennials begin buying homes, Marketplace is in a unique position to leverage the benefits of today’s technology with a seamless and transparent new construction home lending process.

“In 2018 new construction is going to lead the purchase housing market, and I see that being the case for the foreseeable future,” Muth said. “I’m humbled and excited to work with the caliber loan officers that I’ve found here at Marketplace Home Mortgage.

About Marketplace Home Mortgage:
Marketplace Home Mortgage L.L.C., based in Edina, Minn., provides start-to-finish mortgage services to real estate professionals, builders and residential and commercial buyers. Marketplace also does business in Florida, Michigan, Wisconsin, Colorado, North Dakota, South Dakota, Nebraska, New Hampshire, Massachusetts, Maine, Illinois and Iowa; with recently opened offices in Sioux Falls, South Dakota and Iowa. Marketplace Home Mortgage has been named 2017 Best of Business Mortgage Company Winner from Twin Cities Business. To learn more, visit http://www.marketplacehome.com 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