All About Ditech
This company was started in 1995. has made a revolutionary entry into the field to capitalize on the unmet need in the mortgage industry for faster, easier access to mortgage loans. The customers were not satisfied with traditional mortgage brokerage so Ditech's, ditech business model allowed consumers to get mortgages directly through a lender rather than relying on an intermediary like a mortgage broker. Simultaneously, the Internet was gaining popularity and consumers were finally accepting it as both a research and purchasing tool. The company is providing selected group of products that appeal to a wide range of borrowers.
The company is offering fewer products and avoiding niche offerings so that it is able to streamline its operations to keep costs and application delays to a minimum. Its percentage of growth tells its development, where it's funding volume has grown 290% and funding dollar volume has grown by 283%. Capitalizing on GMAC's reputation and mortgage experience, Ditech continues to successfully identify consumer needs and create products to address them.
Key findings that demonstrate this trend include:
1. Nine out of ten respondents have already paid off, or believe they will pay off, their mortgages.
2. U.S. Homeowners surveyed have paid off an average of 53% of their total mortgage.
3. 1 in 3 homeowners estimate they have less than $75,000 to pay off their mortgage.
4. More than 1/4 of respondents (28%) believe they will pay off their mortgage within the next ten years.
Advantages of using /Mortgage are:
- Simple and Convenient.
- Competitive Rates.
- Fast and Easy.
- Lowest interest rate and fee.
