Home > Bulletin Archive > Insured Closing Protection Letters April 18, 2008 Insured Closing Protection Letters Effective immediately 1st Advantage Mortgage, a Draper and Kramer Company will require loan specific closing protection letters on ALL transactions. The borrower’s name(s) and property address must be referenced on the letter and “blanket” letters will no longer be acceptable. If you should have any questions, please feel free to contact your Account Executive. This information is for use by mortgage professionals only and should not be distributed to or used by consumers or other third parties. Information is accurate as of the date of printing and is subject to change without notice. PDF of this Bulletin