Home Financing Expertise

Subject to underwriting approval. Application required; not all applicants will be approved. Full documentation & property insurance required. Loan secured by a lien against your property. Fees & charges apply and may vary by product and State. Terms, conditions & restrictions apply. Taxes & insurance extra. Recent rate shown for closed or committed loans, but rates, loan products & fees subject to change without notice. Your rate and term may vary. If you do not lock in a rate when you apply, your rate at closing may differ from the rate in effect when you applied. Consolidating or refinancing debts may increase the total finance charges you pay over the life of the loan and/or the time needed to repay the loan. Important information relating specifically to your loan will be contained in the loan documents, which alone will establish your rights and obligations under the loan plan. Call for details.

GMAC Mortgage and Ally Bank are part of the Ally Financial Inc. 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.

Advertised rate assumes: 30-year, fixed-rate, 1st lien, rate and term refinance mortgage on an owner-occupied, single-family residence; loan amount of $240,000; loan-to-value ratio of 80%; credit score of 721; DTI of less than 45%; and monthly escrowing of taxes & insurance. For example, as of 1/27/12, a $240,000 loan amount financed at 3.875% (3.995% APR), with a 1.025 point discount and 20% down payment, would result in 360 monthly principal and interest payments of $ 1,034.53.