Marketplace Home Mortgage introduces on-time mortgage guarantee

Naples, Florida (June 2, 2016) – Home buyers in the eastern United States have access to a smoother, safer process as a mortgage industry leader announced today the expansion of its popular on-time closing guarantee.

Marketplace Home Mortgage now offers the service to customers in its Eastern Division, which includes markets in South Florida, New Hampshire and Maine. The program guarantees that a mortgage will close on or before the new home's closing date, or the home buyer and seller will each be entitled to compensation.

“Marketplace already enjoys a strong reputation of outstanding service and closing loans on time” said Marketplace Eastern Regional Manager Mike Wesson. “The introduction of the on time closing guarantee creates additional confidence in our ability to provide outstanding service.”

Already available in other Marketplace regions nationwide, the on-time guarantee has helped customers win out in multiple-offer scenarios, said company CEO Keith White. If Marketplace 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 consumer wins when everything goes as planned,” White said. “We're excited to expand this offering to home buyers in our Eastern Division and further enhance their home-buying experience.”

Visit the Marketplace website for more information on the company's Closing Guarantee.

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,” said Greg Ettinger, MHM’s Chief Development Officer. “With this guarantee now available in all markets were doing business, we’re hoping to put our customers at ease knowing we’re looking out for them.”

About Marketplace Home Mortgage:

During its 20 years 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 experienced and highly trained staff members who embrace the highest ethical standards under absolute transparency. Marketplace Home Mortgage is based in the Twin Cities of Minnesota, with six offices in southwest Florida; Duluth, Minn .; Omaha, Neb .; and newly opened operations in Denver, CO; Milwaukee and Green Bay, Wisc .; as well as New Hampshire and Maine. Learn more at http://marketplacehome.com, or on Facebook or Twitter. Reporters and Editors, to schedule an interview with a mortgage expert in your market, contact Robb Leer at612.701.0608 or robbl@leercommunication.com.