See how ditech is an effective partner in build your business with a breadth of products and highly skilled team for efficient delivery.

1. CORRESPONDENT FUNDING
COMPETITIVE EDGE
ditech Delivers Value
n Proven operations delivery platform with over 15
years experience
n Full suite of delivery options:
- Rate Sheet Forwards
- Live Trades
- Bulk MSR Acquisitions
- AOT
- ditech’s Bulk Bidding in Eligibility Tool
n Online comprehensive training curriculum for
client development
n Maximize warehouse utilization with average
funding turn time of less than a week. Turn times
available on our web site.
Deal Making
n Delisted Property must be canceled prior to note
date
n 97% LTV available for Fannie Mae &
HomeReady™ products
- 100% can be gifted (Primary and Single Family
excluding High Balance Loans)
- HomeReady also allows Non Traditional Credit,
Cash on Hand, Community Seconds and LPMI
CL-CE-0117
Broad Range of Solutions
Capital Market Expertise
Consistent Market Presence by
Mortgage Professionals
n Qualify HELOCs based on existing balance
and payment per credit report
n Delayed Purchase Program to replenish buyer’s
cash investment
n Not required to deduct unreimbursed business
expenses if your borrower is a W2 employee
n Manufactured Housing existing construction
permitted for FHA, VA & Conforming loans
n 620 minimum credit score for conforming loans,
with DU Approve Eligible
n Annual amortization on conforming, FHA and VA
(Conforming & VA 10-30 year terms / FHA 5-30
year terms)
n Full escrow waivers for .125 in price with
insurance waivers at no cost (80% LTV max)
n HPML— Qualified Mortgages for loan purchase
consideration that fall into the Rebuttable
Presumption
n Same day pricing for conforming product switch
- use original rate sheet
n Deliver credit and closing file by delivery expiration
date with trailing original note
n Pay off revolving debt to qualify — conforming
Loans
n Conforming Loans — Construction to Permanent
now uses appraised value regardless of the length
of time the borrower has been on title
- For cash-out transaction, the borrower must
be on title at least six months
See the back for ditech’s Competitive Edge…
Contact your Sales Director today for
more information:
This information is being distributed to mortgage professionals and business entities only. It may not be distributed to consumers or used in any solicitation
or advertisement for a mortgage loan, in whole or in part.
Chris Nobile
christopher.nobile@ditech.com
(978) 549-0758

2. Ditech Financial LLC, 1400 Landmark Towers, 345 St. Peter Street, St. Paul, MN 55102; 1555 W. Walnut Hill Lane, Suite 100, Irving TX,75038; (800-423-9527). NMLS ID
#1057. Arizona Mortgage Banker License #BK 0905674; Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act; Loans
made or arranged under a California Finance Lenders Law license; Colorado Responsible Party: Ditech Financial LLC, 800-423-9527; Georgia Residential Mortgage Licensee
License #7220; Illinois Residential Mortgage Licensee; Massachusetts Mortgage Lender License #ML1057; Minnesota: This is not an offer to enter into an agreement,
which offer may only be made pursuant to Minn. Stat. § 47.206 Subd. 3 and 4.; Mississippi Licensed Mortgage Company; Licensed by the N.J. Department of Banking and
Insurance; New York: Licensed as a debt collection agency by the New York City Department of Consumer Affairs, License #1325554; Ohio Mortgage Broker Act Mortgage
Banker Exemption #MBMB.850171.000; Rhode Island: License types include Lender, Small Loan Lender, and Third-Party Loan Servicer; Virginia: NMLS ID #1057 (www.
nmlsconsumeraccess.org). ditech does not originate mortgage loans in New York. Limited product availability in West Virginia.
©2017 Ditech Financial LLC
Competitive Edge
n USDA – for delegated correspondents great
alternative to FHA, Min 581 FICO, No max DTI with
GUS Accept/Eligible
- Lower Guarantee Fee effective October 1, 2017
n Freddie Mac Only Product (use when you need to
follow Freddie Guides with MINIMAL OVERLAYS)
- Qualify using future income up to 90 days
- 90% LTV streamline condos
- No max DTI (with LP Accept)
- Cash-out allowed for owner-occupied property
(1-4) delisted within the past 6 months
- Follow LP Accept/Streamline guides for
documentation
- Assets permitted to be used as income
n Underwriting service provided to delegated clients
n 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
n Full Condo Warranty review available
n LPMI – ditech Paid MI —no annual or monthly
premiums on CD (QM Friendly)
n No maximum DTI on conforming loans with
DU Approval or LP Accept (LP Freddie Only)
n Stocks, bonds and mutual funds are now valued at
100% for asset calculation
n PIW permitted (Fannie Mae only, see restrictions
in product matrices)
n Texas Equity
n DU Refi Plus — No max LTV/CLTV
n Many Government Loan Programs available such as
FHA Streamline Refinance VA IRRLs
n DPA reviews no longer require loan number
to initiate
n No DTI limit with positive AUS findings on
conforming and government loans
n Jumbo Products
- Choose your own AMC
- Available as both Fixed ARM products
- 1 day off the market permitted
- No payment shock or prior housing
payment required
- Open to First Time Home Buyers
n Home Equity Piggyback Product
- 30 year term available
- Maximum 95% CLTV
- Loan must be underwritten by ditech
- Compared to MI the combo payment
maybe lower
- Second mortgage is tax deductible
- Borrower should consult tax advisor
- Can be used a jumbo buster
n FHA Non-Credit Qualifying Streamline Refinance
- No minimum FICO for same-servicer loans
580 for Non-Same servicer loans
n VA IRRRL — non same servicer — LTV 105%,
AVM accepted; same servicer, no appraisal
required
n FHA VA FICO scores starting at 580
n No overlay on conversion of primary residence
to investment property and can include that as
income for qualifying purposes
n ditech permits the use of W2 transcripts in lieu of
actual W2 for non-self employed borrower
n Fannie Mae High Balance mortgage available up
to 95% LTV
n Mortgage Credit Certificates - now being
accepted on Conforming, FHA VA loans.