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Build your dream home with a construction loan Ready to bring your dream home to life? With a construction loan from Draper and Kramer Mortgage Corp., you can finance the construction of the home you want, then transition to a traditional mortgage. Key benefits: 9-month construction loan with interest-only payments Construction loan replaced with an end loan after 9-month term Down payments as low as 25% (jumbo loans) or 20% (conforming/ high-balance loans) Loan amounts from $80,000 to $750,000 Eligible for 1-unit site-built primary residences Tear-downs and major renovations allowed Minimum FICO credit score of 700 Maximum DTI: Construction loan: 40% (including construction loan interest-only payments, current housing PITIA and all other debt) End loan: lower of 40% or specific loan program guidelines Borrower must be fully approved for end loan prior to closing. Subordinate financing not permitted. AUS required: DU Approve or LP Accept required for all loans. Jumbo loans must be ineligible only for loan amount. Ineligible properties: condominiums, PUDs, modular homes, rural properties. Programs included on this document are subject to approval based on individual program guidelines and borrower’s credit and underwriting approval. Contact your Draper and Kramer Mortgage Corp. professional for full program details. Contact me today to learn more!   {{ sender.f_name }} {{ sender.l_name }} {{ sender.job_title }} {{ sender.company }} {{ sender.phone_office }} (Office) {{ sender.phone_cell }} (Mobile) {{ sender.email }} {{ sender.website }}                     {{ sender.address }} {{ sender.address_two }} {{ sender.city }}, {{ sender.state }} {{ sender.zipcode }} NMLS: {{ sender.license_title }} Company NMLS: 2551   {{organization.settings.email_disclosure_text}} 03649-01 02/19.