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GMAC Mortgage — Compare Lenders to Find the Lowest Rate
GMAC Residential Holding Corporation is the parent company of three primary businesses: GMAC Mortgage Corporation, GMAC Home Services, Inc., and GMAC Bank. GMAC Mortgage Corporation is an indirect wholly owned subsidiary of General Motors Acceptance Corporation, which is one of the largest financial services companies in the world. GMAC Mortgage is headquartered in Horsham, Pennsylvania and is one of the largest residential mortgage servicing companies in the United States. GMAC originates first and second lien residential mortgage loans through its retail offices, direct lending centers and internet sites.
GMAC Mortgage Corporation offers basic mortgage products including fixed-rate, adjustable-rate, and balloon mortgages, as well as home equity financing. GMAC also provides loans with flexible credit guidelines, such as FHA and VA loans. Loans with low monthly payments, including interest-only mortgages, are also available. For those who require unique financing needs, such as individuals with atypical property types, those who are self-employed, or with a non-traditional credit history, can access alternative mortgage options offered by GMAC Mortgage.