Choose from a wide spectrum of offerings.

We offer a comprehensive range of offerings for your clients.

Innovative Solutions

  • 97% loan-to-value (LTV) for conforming purchase or rate term refinance transactions; 100% of down payment and closing costs can be gifted by an acceptable donor (primary and single family homes, excluding high balance loans)
  • HELOCS qualified based on existing balance and payment (per credit report)
  • Choice of low down payment FHA or conventional conforming loans for existing manufactured homes
  • 620 minimum credit score for conforming loans, with Desktop Underwriting (DU) approval eligibility
  • 580 FHA Credit Score
  • Odd year loan terms from 10-30 years, with annual amortization on conforming loans
  • Lock-in periods up to 90 days
  • Same-day pricing for product switch
  • Delivery of credit and closing file by expiration date with trailing original note
  • Construction-To-Permanent (CP) loans using appraised value regardless of the length of time the borrower has been on title.

Notes: Delisted property must be canceled prior to note date. Use original rate sheet for same-day pricing for product switch. For cash-out transaction, the borrower must be on title at least six months.

Competitive Advantages

  • Freddie Mac-only product with minimal overlays (reference product guides)
  • Fannie Mae product allows up to 10 financed properties when the subject property is a second home or investment property; no maximum if a primary residence
  • Quick service with Turn Times available online
  • LPMI and ditech PMI with no annual or monthly premiums on closing disclosure
  • No maximum DTI on conforming loans with DU approval or LP accept (LP Freddie only)
  • Property Inspection Waiver (PIW) permitted on eligible transactions (FNMA only)
  • Texas HELOCS and cash-out refinancing
  • Conforming ARMs (5/1, 7/1, 10/1) and shorter term fixed-rate
  • DU Refi Plus (Non Same Servicer), 150% LTV max unlimited CLTV with 16-30 year amortization
  • DU Refi Plus (ditech to ditech) unlimited LTV and CLTV
  • Option to use your own Appraisal Management Company (AMC) with our competitive, fixed rate jumbo products.

To learn more, call today:
1-877-700-4622, option 9

This information is for mortgage professionals only and is not for distribution to the general public or for use in any solicitation or ad in any manner whatsoever.

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Thank You!

We appreciate your interest in ditech Correspondent Lending. A member of our team will be in touch with you shortly. If you have any questions in the meantime, call 1-877-700-4622.