• Lender Marketplace Capacity Assessment

    Thank you for your interest in participating in the local Club 720 Marketplace. This assessment helps us understand your institution's current offerings, the borrowers and property types you can serve, the housing finance barriers you are seeing, which products may fill an identified Marketplace need, and whether your institution is interested in Marketplace participation. This is a capacity assessment without judgment. The purpose is not to rank lenders. It is to better understand the financing capacity available within the local housing marketplace. Marketplace participation is subject to the applicable Platform Inclusion and Governance Policy.

  • Section 1 - Institution Information

  • Format: (000) 000-0000.
  • Institution type (Select all that apply)*
  • Do you currently lend in this community?*

  • Section 2 - Who You Serve

  • Which borrower groups do your current products serve? (Select all that apply)*
  • What minimum credit score requirements generally apply to your primary home purchase products?*

  • Section 3 - Mortgage Product Capacity

  • Which home purchase products do you currently offer? (Select all that apply)*
  • Do you offer any proprietary mortgage product that you believe provides particularly strong value to homebuyers?*

  • Section 4 - Down Payment and Closing Cost Assistance

  • Does your institution currently offer its own down payment or closing cost assistance?*
  • Which external assistance programs can your mortgage products generally work with (Select all that apply)?*

  • Section 5 - Product Value

    For the product or products you would most like considered for the Marketplace:
  • What consumer problem does this product solve particularly well? (Select all that apply)*

  • What are the primary consumer costs associated with the product?

    Please provide information where available

  • Section 6 - Property and Production Financing

  • Which property types can your institution finance (Select all that apply)?*
  • Do you currently offer construction-to-permanent financing?*
  • Do you finance small-scale builder or developers?*
  • What types of development financing do you provide (Select all that apply)?*

  • Section 7 - Marketplace Barriers

  • What are the most common barriers you are seeing among prospective homebuyers (Select up to five)?*

  • Section 8 - Consumer Experience and Service Capacity

  • How quickly can a Club 720 consumer generally expect an initial response from your designated contact?*
  • Can your institution designate a consistent Marketplace contact or team?*
  • If a consumer is not currently mortgage-ready, is your institution willing to refer that individual back to Club 720 or a participating housing counselor for additional readiness support?*
  • Is your institution willing to work collaboratively with HUD-certified housing counselors and other Marketplace partners?*

  • Section 9 - Marketplace Participation

  • How would your institution be interested in participating (Select all that apply)?*

  • Section 10 - Participation Expectations

    Please indicate your institution's willingness to meet the following Marketplace expectations.
  • Maintain accurate and current product information.*
  • Provide an accountable Marketplace contact*
  • Respond to consumer inquiries within established service standards*
  • Notify Club 720 when material product terms change*
  • Work with housing counselors and readiness partners when appropriate*
  • Participate in periodic Marketplace reviews*
  • Provide appropriate aggregate outcome information when requested*
  • Participate in consumer education opportunities when appropriate*

  • Section 11 - Final Questions

  • Would you like a Club 720 team member to follow up with you regarding Marketplace participation?

  • What Happens Next?

    Completing this assessment does not automatically result in Marketplace inclusion.

    Club 720 will review the information to understand:

    • Marketplace capacity.
    • Product availability.
    • Consumer value.
    • Product accessibility.
    • Ability to combine resources.
    • Identified financing gaps.
    • Alignment with the applicable Platform Inclusion and Governance Policy.

    Where appropriate, Club 720 may contact your institution for additional product information.

    Products that meet applicable Marketplace standards and provide meaningful consumer value or address an identified marketplace need may be approved for Marketplace participation.

    There is no fee to qualify for Marketplace participation and no guaranteed referral volume.

    Marketplace participation is maintained through product quality, responsive service, transparency, and active participation in the housing marketplace.

    Thank you for helping us understand what the financial marketplace can bring to help residents reach their housing goals.

     

     

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