Ditech Introduces the Sleep EZ LoanSM

How do you combine a low monthly payment with a 30 year fixed rate loan? Impossible you say? Well, ditech has created a 30-year loan that allows you to pay only the interest for all or part of the first ten years and keep the original low fixed rate for the full 30 years of the loan. Smart today. Smart tomorrow.

  • Pay interest-only if you desire for the first 10 years - on any, or all, payments.
  • A low, 30-year fixed rate
  • No negative amortization
Fees & charges apply. Subject to underwriting approval. Not all applicants will be approved. Minimum credit score of 731 required to be eligible for above rate. Full documentation & property insurance required. Loans secured by liens against your property. Consolidating debts may increase the time and /or the total amount needed to repay your debt. Taxes & insurance extra. Terms, conditions & restrictions apply. For example, as of 10/10/07, a $250,001 loan amount financed at 6.250% interest (6.526% APR) for 30 years, with 2 point discount, would result in 360 monthly payments of $1308.09. Your rate and term may vary. Lock in fee required to secure rate. Recent rate but subject to change without notice. Rate available on loan amounts from $250,001 to (A) $417,000 (contiguous US) and (B) $625,500 (AK and HI) on owner-occupied single-family residential properties. Call for details.