No Mortgage Insurance Programs

 

The No "MI" mortgage program is designed to lower net monthly mortgage payments and can help make home ownership more affordable. Typically, traditional financing requires a monthly mortgage insurance premium ("MI" or often referred to "PMI") for mortgage loans secured with less than 20% down. The No "MI" Mortgage Program eliminates the need for the premium thereby reducing you monthly out-of-pocket costs.

No "MI" Mortgage Program offers:

  • Competitive interest rates
  • No mortgage insurance (PMI) on 90% LTV
  • Payments and interest rate are fixed over the life of the loan
  • Low 10% down payment

To find out how you can qualify for the No "MI" Mortgage program, contact a DKMC Mortgage Planner.

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Draper and Kramer Mortgage Corp. is an Illinois, Florida, Wisconsin, and Indiana Residential Mortgage Licensee and Equal Housing Lender.