“Top notch!!” That’s what people say about Karen Solgard as a mortgage consultant guiding buyers through the home financing process–whether a purchase or refinance, primary residence, second home, or investment property. She pays attention to the details, keeps the communication open, and ensures the loan goes smoothly from start to closing.
Originally from a farm in Northwest Minnesota, Karen is a lifelong musician and entertainer, enjoys sailing, swimming, and biking as a Southwest Florida transplant. Before becoming a loan officer, she was a processor and auditor after years as a homeowner. Karen Solgard treats each transaction as the most important one.
“Karen is the BEST. She was on top of everything, all the time. Efficient doesn’t even begin to describe Karen, it goes beyond that. The entire process was smooth, hassle free. If it weren’t for Karen the closing may have not happened, she pulled it all together for us. Went above and beyond what was hers to do. If I every buy another home, I will be calling her for my mortgage needs.”
“Karen was a pleasure to work with while going through the complicated and tiresome process of completing documentation for getting a loan to buy the condominium I now own in this beautiful part of Florida. She was knowledgeable, patient, calm and responsive at all times. I am very impressed with Karen Solgard’s work and highly recommend her.” Carla Clason
“Karen was very helpful for purchasing and closing the purchase of our FL property. We are MN residents and relied on Karen to help us navigate through the purchase of the condo in FL. She made sure that everything was in order and if there was any questions or problems she was very prompt. Purchasing a property can be a little scary at times and Karen made it go smoothly. We were able to close on the property from MN and it couldn’t have went better. Thanks Karen”
“Great Service! Always returned my calls and answered questions thoroughly and with patience. When I am ready to get a home loan again, Karen will be the first one I call.”
Thank you for working with us. We know you were handed a timeline that was less than ideal. Thank you for all the after hours work, input, and help you gave us. You were great to work with. I will gladly recommend you to anyone I know looking for a home mortgage. – Brian Wedge
It certainly has been a whirlwind for us since finalizing all the paperwork. We spent 2 weeks on vacation shortly after completing the purchase. Since we have been back in town it’s been a grind getting everything moved and ready. Hopefully early next week we will be officially moved in and living at the new house. We couldn’t have been any happier with the entire process and the service that was provided by you and your team. Thank you so much for everything in assisting us throughout the process. – Steven Shea
Getting Pre-Approved for financing is one of the most important first steps you can take when beginning your house hunt. Get started today by clicking the link above!
Want to make your offer more attractive? Get a complete commitment from underwriting in 5 days with or without a house with our UFirst 5 Day Loan Commitment!
If we are unable to close your purchase on or before your scheduled closing date, we will pay for your first mortgage payment up to $1,500 P & I AND the seller of the property will also be paid $5,000. *See terms and conditions.
THE MARKETPLACE HOME MORTGAGE BLOG
Marketplace Home Mortgage, L.L.C. is proud to be recognized as one of the Twin Cities’ 50 Fastest-Growing Private Companies by Minneapolis-St Paul Business Journal. Landing at No. 27 with a growth rate approaching 72 percent, we have a great team to thank for such an exciting year of enhancement and expansion.
To qualify for consideration for the Fast 50 List, businesses had to be privately held, for-profit companies in the Twin Cities metro area. Growth rates and financial information were verified by accounting firm Abdo, Eick & Meyers.
Our president and CEO, Keith White, talked with Minneapolis St. Paul Business Journal about the challenges of growth, the importance of a strong team, and plans for the years ahead.
As we head into another year at Marketplace Home Mortgage L.L.C., we have a lot to be thankful for. 2017 was a year of tremendous growth.
We opened new locations in Sioux Falls, SD, Clive, IA, and Portsmouth, NH. We also hired 130 new employees across the country.
Throughout the year we were honored to receive some awards and recognition. In August, Marketplace Home Mortgage was named Best Mortgage Company in the Twin Cities by voters in the 2017 Twin Cities Business Magazine Reader Poll. As the year progressed, we were also recognized as Number 27 on the list of the 50 Fastest Growing Companies in the Twin Cities by Twin Cities Business Magazine.
View the video below to see all of the highlights from this year, and the fun we were able to have in-between.
Thank you to all of the employees, clients, and referral partners who made this such a great year. We are grateful to have spent another year helping people and families achieve their dream of home ownership.
Mortgage interest rates are always changing, and if you bought your home when rates were higher, refinancing the existing mortgage could save you thousands of dollars over the course of your home loan. When you are preparing to refinance there are certain things you should avoid leading up to the transaction. Take a look at the list below and contact a Marketplace Home Mortgage Loan Officer to learn more about how you can get started.
Continue To Make Your Regular Payments
However, if you have a payment due just prior to your scheduled closing, consult with your Loan Officer first. It may be best to pay at the closing rather than to risk having the payment and payoff letter cross in the mail.
Prepare Your Home For Appraisal.
The appraiser will take photos of the inside and outside of your home. While a messy house is not truly worth less than a clean one, a property appraisal is part art, part science. First impressions can make an impact with an appraiser just as they would with a prospective buyer.
Keep Your Paystubs and Bank Statements Available
Underwriters may request the latest documentation before loan approval or as a condition of loan commitment. Having these on hand will help the process to go more smoothly.
Understand That Things Have Changed.
Underwriters require more documentation than in the past. Even if requests seem silly, intrusive or unnecessary, please remember that if they didn’t need it, they wouldn’t ask.
Apply For New Credit
Changes in credit can cause delays, change the terms of your financing or even prevent closing. If you must open a new account, consult with your Loan Officer first.
Change Jobs During The Process
Probationary periods, career, or even status changes (such as from a salaried to a commissioned position, leave of absence or new bonus structure) can be subject to very strict rules.
Make Undocumented Deposits
Primarily large, but sometimes even small deposits must be sourced unless they are identified. Make copies of checks and deposit slips. Keep your deposits separate and small and avoid depositing cash.
Start Any Home Improvement Projects
Small cosmetic projects like painting are not usually a problem. However, anything that can disrupt the functionality of your home can be an issue if undertaken before the appraisal. Delay projects that require a building permit, create structural changes or involve a bathroom or kitchen renovation.
Be Afraid To Ask Questions
If you’re uncertain about what you need or what you should do, never hesitate to reach out to your Loan Officer.
With the help of your Marketplace Home Mortgage Loan Officer, you will be on your way to saving money and achieving your goals.