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Affordable financing for military homebuyers

• No down payment options
• No lender fees
• FICO Scores as low as 580

Key benefits:
  • Options for no down payment or to use 100% gift funds
  • No lender fees
  • No mortgage insurance premiums
  • VA funding fee can be financed into the loan
  • FICO Scores as low as 580 are eligible
Eligible borrowers may include:
  • Active duty military
  • Honorably discharged military
  • National Guard
  • Reserves
  • Spouse of a service member who died while in service or from a service-connected disability

Borrowers are required to provide Draper and Kramer Mortgage Corp. with a Certificate of Eligibility (COE) to confirm eligibility. There are different requirements for the COEs for each category of eligible VA borrowers. Draper and Kramer Mortgage Corp. can help borrowers obtain the necessary COE. A COE is the only reliable proof of eligibility for a lender.
Draper and Kramer Mortgage Corp. is a private corporation organized under the laws of the State of Delaware. It has no affiliation with the US Department of Housing and Urban Development, the US Department of Veterans Affairs, the US Department of Agriculture or any other go vernment agency. All information and programs included on this document are subject to change, and require approval based on individual program guidelines and borrower’s credit and underwriting approval. FICO scores under 620 have additional underwriting overlays. Contact your Draper and Kramer Mortgage Corp. representative for full details.
Contact me today to learn more!
 
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Equal Housing Lender

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