No-hassle refinance

GMAC Mortgage has dramatically simplified the refinance process for its existing customers. If you already have a GMAC mortgage and your payments have all been prompt, then you should be eligible for express refinancing.

Often times, the paperwork that accompanies refinance applications can be as involved as the paperwork you completed during your original mortgage application. Additionally, your finances are subject to the same scrutiny; your credit report will be carefully perused and your employment history will be revisited. GMAC Mortgage believes that you shouldn’t have to go through all of that hassle if you’ve already been through it.

That’s because GMAC Mortgage believes in good relationships. If you have proven your trustworthiness by keeping your account up-to-date, then the company has faith that you will continue to do the same. Your good track record eliminates the need for credit checks and all the other double-checking that is usually required during refinancing. You might not even have to get your house re-appraised.

Obviously, the streamlined application makes your life a whole lot easier. What’s more, it can save you a lot of time. You won’t have to spend long hours agonizing over your application. Moreover, you won’t have to wait a long time while your application is processed. That way, you can start taking advantage of your improved refinanced loan much sooner than you would otherwise have been able.

Note that you will still be required to pay fees associated with closing. Contact a GMAC Mortgage representative to learn more about how you might be able to diminish these costs, or even completely eliminate them.