Ditech, established in 1995, is a forerunner in providing quick, low-cost mortgages. This company is part of the GMAC Group.

One of the distinctive features about Ditech is the ability of customers to get loans directly, instead of having to go through a broker.

Some types of loans provided by Ditech are as follows:

Real Life Plan

Loan features include:
- 30-year mortgage
- Low interest rate mortgage
- No-fee Home Equity
- No Annual Fee

This program offers a linked MasterCard which can pay down the principal amount of the loan, everytime you use the card for purchases. This is similar to a Rewards or Awards card, except the "award" is used to pay down your mortgage. Can be a great way to accelerate loan repayment.

Sleep EZ LoanSM

Loan features include:
- Low interest rate on a 30-year fixed-rate mortgage
- Pay only the interest for the first 10 years on all your payment or some of your payments for each year.
- Negative amortization does not apply.

Ditech Home Strength – This loan program is part of the low or no-money down option.

Loan features include:
- 100% financing
- Ditech pays for 4% of the total loan amount in order to cover the closing costs.

Ditech 80/20 – This loan program is a piggyback mortgage that is part of the low or no-money down loan program from Ditech.

Loan features include:
- No need to take out a Private Mortgage Insurance.
- Tax deduction benefits.
- You can take this option and combine two loan programs into a single one.

DiTech/GMAC Home Loan Benefits

In summary, DiTech/GMAC is one of the top ten mortgage companies in the United States. Ditech offers several benefits such as:

- Low interest rates
- Your loan gets approved in just minutes over the phone
- Close fast - and on your schedule
- Mortgage consultants available 24/7 with expert advice
- Virtual Signature of all your documents online - fast and convenient

To find out more about Ditech’s home loan process visit http://www.ditech.com/index.html.