Background

The successful growth of 1st Advantage Mortgage is evident in its history.   Founded in 1997, 1AM became a mortgage banker in 1999.  By 2002, the company had expanded to six branches, and a partnership with Fannie Mae was announced that same year.  And in 2008 1AM merged with Draper and Kramer, a privately held real estate service company established in 1893.  Our Wholesale division continues to prosper, with fundings averaging over $1 billion annually since its inception in 1999.  1AM Correspondent is the latest expansion of the company’s growth.  Our goal is to establish and develop long-term, profitable relationships with our customers
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> SB 1167
Illinois Legislation (SB 1167)

> Up front MIP

Proof of MIP payment required



> Underwriting Policies and Condition Clearing

Please check the new bulletin on the resources page




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