Ditech.com
| shop5 Rank: | 4 of 5 Mortgages |
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| Headquarters: | 3200 Park Center Drive, Costa Mesa, CA, 92626 , USA |
| Year Founded: | 1995 CEO: Rick Powers |
| What We Say: | Ditech is a very recognizable name in real estate. Its website is sleek and well-written, with useful links and guidance right at first glance of the homepage. Tools and useful links abound toward finding low rates and general information. Ditech.com reports the company was started so that consumers could “obtain mortgages directly from a lender rather than relying on an intermediary such as a broker.” |
| What Users Say: |
This shop hasn't been reviewed yet. |
Worth Knowing
| Parent Company | GMAC ResCap (Residential Capital, LLC). |
| Useful Tools | Free "mortgage," "debt management" and "investment" calculators. |
| Useful Services | Electronic document filing over the Internet. "Approval decision on the phone in minutes." |
| $$$ | $395 flat fee, no commissions. Free mortgage payment for a year sweepstakes. |
| Pros | 24/7 customer service. Flat fee, not commission-based cost to consumers. Focus on "no or low closing costs." |
| Cons | Extra fees attached to $395 advertised Ditech broker fee. |