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Home > Financial Services > Mortgage Brokers > GMAC Mortgage
GMAC Mortgage
A Mortgage is a document that contains the details of an agreement between two parties. One of which is a borrower and the other party is a lender. The Agreement will include information like, Loan amount, Time period of the loan, Interest and the collateral on the loan which is normally the property being bought. A mortgage broker is generally a person or company whose expertise lies in the field of mortgage laws, properties available for sale, and loan procedures. They provide these services to clients for a fee which is usually a percentage of the loan or property amount.
Headquartered in Horsham, GMAC Mortgage is one of the largest residential mortgage services in the nation. The company originates first and second lien residential mortgage loans through a nationwide network of retail offices, direct lending centers and internet sites. GM Family First, a custom homeownership services program offered to GM employees, retirees and dealers.
GMAC Mortgage Corporation and its agents assume no responsibility for any consequence relating directly or indirectly to any action or inaction that you take based on the information, services or other material. While GMAC Mortgage Corporation and its suppliers, strive to keep the information on this Site accurate, complete and up to date, GMAC Mortgage Corporation, and its suppliers cannot guarantee, and will not be responsible for any damage or loss related to, the accuracy, completeness or timeliness of the information.
GMAC Mortgage Corporation provides its employees with a competitive benefits package. They understand that not every family has the same medical and dental coverage needs, so they offers a choice of plans to give you the flexibility in deciding the coverage that is best for you and your family.
The fixed rate mortgage has long been the most popular home financing product. With an interest rate that never changes, it provides stable, unsurprising monthly payments throughout the life of the loan.
An adjustable-rate mortgage has a low starting rate, so your initial monthly payments on an ARM will be lower than on a fixed-rate loan for the same amount.
A balloon mortgage has a lower rate and lower monthly payments than a fixed-rate mortgage. Like an ARM, a balloon loan can help you either save money each month or get a larger loan.
They strive to serve their diverse community of clients in a spirit of honesty, integrity and understanding.
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