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Value Guard

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.

By choosing Draper and Kramer Mortgage Corp. for your purchase financing needs, $100,000 of your home's value is automatically protected from a future local market downturn during the next 5 years.

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.

*Draper and Kramer Mortgage Corp. pays the $295 fee for the coverage which will appear on the HUD-1 as a lender credit.

All Draper and Kramer Mortgage Corp. Value Guard protection contracts, claims and benefit payments are issued by EquityLock Solutions, Inc. Draper and Kramer Mortgage Corp. and EquityLock Solutions, Inc. are not affiliated entities.