Disclosures
We conduct business in accordance with the Federal Fair Housing Law (Fair Housing Amendments Act of 1988). It is illegal to discriminate against any person because of race, color, religion, sex, handicap, familial status, or national origin:
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In the sale or rental of housing
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In advertising the sale or rental of housing
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In the financing of housing
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In the provision of real estate brokerage service
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In the appraisal of housing
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Blockbusting is also illegal
Anyone who feels he or she has been discriminated against may file a complaint of housing discrimination: 1.800.669.9777 (toll free), or 1.800.927.9275 (tdd), U.S. Department of Housing and Urban Development Assistant Secretary for Fair Housing and Equal Opportunity, Washington DC 20410.
It is our policy to comply with the Equal Credit Opportunity Act and the Fair Housing Act. In addition, it is our policy to comply with state laws that provide greater protection. Ally Bank does not discriminate against any applicant on the basis of race; color; religion; creed; national origin; ancestry; sex; marital status; familial status (number and age of children); sexual orientation; age (provided that the applicant has the capacity to enter into a binding agreement); medical history; disability; physical condition; military status; because the applicant has in good faith exercised any right under the Consumer Credit Protection Act or the Servicemembers Civil Relief Act (SCRA); that all or part of a consumer's income derives from a public assistance program; or any other basis prohibited by law.
IMPORTANT INFORMATION ABOUT PROCEDURES FOR OBTAINING A MORTGAGE LOAN
To help us prevent fraud and to assist the government in fighting the funding of terrorism and money laundering activities, we are obtaining, verifying, and recording information that identifies each person who applies for and/or obtains a mortgage loan through us.
What this means for you: When you apply for and/or obtain a mortgage loan, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents.
Home equity financing through GMAC Mortgage, LLC is subject to your submission of a formal loan application and approval, and is not available in all states. Home Equity Lender Closing Costs apply to owner-occupied single-family residential properties only. GMAC Mortgage will waive the cost of the appraisal fee, notary fees, lender title insurance, escrow/closing fees, and recording the Home Equity mortgage. Borrower is responsible for all other costs, for example, mortgage tax, state stamps, association fee, property taxes, hazard insurance and property insurance where they apply. The Annual Percentage Rate (APR) for a line of credit is variable and may change daily. $30,000 example based on 300 monthly payments of $219.27 with 7.375% APR, assuming a FICO of 720 or above for loans where the credit line equals 80% or less of the home's equity value. APR is for illustrative purposes only. Your APR will be based on the rate set forth in your Home Equity Credit Line Agreement. The maximum APR is 18.5% or the maximum rate allowed by law, whichever is less. Consumer closing costs could average between $500 and $1,000. The Annual Fee is $35 in AL, AK, AZ, CA, CO, CT, DE, GA, ID, IN, MA, MN, MS, NE, NH, NM, NV, OR, UT and WA and $25 in FL. $20 in IL. $15 in IA. $12 in LA. The Annual Fee in OH is the lesser of $35 or 1/2% of the available credit on the date the annual fee is charged to your account. In AL title insurance is required on all lines. In all other states title insurance is required for lines over $200,000. Property insurance is required. Other Home Equity Credit Line programs are available. Offer subject to approval. AL and MS loans require an initial minimum draw of $2000 and subsequent advances of $250; KY loans require an initial minimum draw of $15,100 and subsequent advances of $500; WI loans require an initial minimum draw of $1000 if the initial credit limit is $25,000 or less ($1000 if the credit limit is $25,000 or more and subsequent advances of $250). For all other states the initial and subsequent draw(s) is $250. Please call for more information or to apply.
The TotalProtect Home Service Agreement is issued by HomeSure Services, Inc. except in the following states where it is issued by the identified entity: in Alabama, Florida, Illinois, Iowa, Nevada, New York, North Carolina, Ohio, South Carolina, Texas, Utah, Vermont, Washington, Wisconsin and Wyoming by HomeSure of America, Inc; in California by HomeSure Protection of California, Inc; and in Arizona and Massachusetts by HomeSure of Arizona, Inc. The TotalProtect Home Protection Plan in Virginia and New Hampshire is issued by HomeSure of Virginia, Inc. Services are provided by independent tradespeople/contractors. TotalProtect is a service mark of Cross Country Home Services, Inc., Fort Lauderdale, FL 33355. Please see contract for actual terms and conditions; benefits may vary by state. TotalProtect Home Warranty not available for investment properties or in the states of AK and HI. This product is optional and not required by GMAC Mortgage , LLC. Offer does not apply to home equity loans or lines.
General Disclosure: In order to receive these offers, you must call the phone number listed on the web site ad and meet all offer terms. Both GMAC Mortgage and GMAC HomeSolutions shall not be held responsible or liable for the quality or results of products or services provided by any third party. Third party services or products may not be right for you. Obtain information about them and read the policy or contract carefully before agreeing to purchase them. All offers, products and their features are subject to approval. Terms and conditions apply. GMAC Mortgage may terminate or change all offers at any time without notice
GMAC Mortgage and Ally Bank are part of the GMAC Financial Services family of companies. In various states, Ally Bank is registered to do business as Ally Bank Corp., Ally Capital Corp., Ally Bank, or GMAC Bank Corp. In most cases, on approved loan requests, loans will close and be funded by Ally Bank Corp. with GMAC Mortgage acting as a MORTGAGE BROKER ONLY, NOT AS A MORTGAGE LENDER OR MORTGAGE CORRESPONDENT LENDER. When acting as a mortgage broker, GMAC Mortgage arranges but does not make loans; all loan requests will be submitted to Ally Bank for loan approval, which may affect the availability of the funds.
