Draper and Kramer Mortgage Corp.
Financial ServicesIllinois, United States201-500 Employees
Historically, Draper and Kramer Mortgage Corp. operated as a residential mortgage lender based in Downers Grove, Illinois, within the financial services sector. It served homebuyers and homeowners seeking mortgage financing as part of the Draper and Kramer Holdings group. In February 2024, New American Funding acquired the company as Draper and Kramer Holdings exited the residential mortgage lending business to focus on commercial real estate; Draper and Kramer, Incorporated remains active as a subsidiary of the holdings company. Following the acquisition, Draper and Kramer Mortgage Corp. no longer operates as a separate residential mortgage lender. The arrangement reflects a strategic shift within the group, with the legacy residential lending activities transitioning under New American Funding while Draper and Kramer, Incorporated continues its commercial real estate operations.