Draper and Kramer Mortgage Corp. Value Guard offers $100,000 in home equity protection on your home purchase at no additional cost*. You will be paid up to $10,000 if the Federal Housing Finance Agency (FHFA) housing market index for your area declines between the closing date and when you sell your home in the future - even if you sell for a profit.
- 5 years of $100,000 in equity protection for free on purchases
- Available on most properties with no additional appraisal required
- Purchase additional coverage with Value Guard Extended
You are eligible to receive the $100,000 in equity protection at your closing, no matter the property value, if it is a purchase transaction. You can also purchase additional coverage above and beyond the $100,000 with our Value Guard Extended program should you wish.
After closing with Draper and Kramer Mortgage Corp., you will receive a Draper and Kramer Mortgage Corp. Value Guard Certificate of Protection and will be contacted to go over all the details. The 5 year coverage period starts with a 24 month initial waiting period after closing, and the first 5% decrease of the FHFA housing market index is not eligible for a payout.
For more information or questions on Value Guard, please contact us any time.