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Buy to Let Mortgage with GMAC-RFC
When you're looking for a great deal on a buy to let mortgage, it's a good idea to review the products that GMAC-RFC has to offer. GMAC-RFC does not operate High Street branches, instead offering mortgage products exclusively through intermediaries. By focusing on providing mortgage loans strictly through authorised intermediaries, the company is able to keep its overhead low and pass savings on to those seeking money to fund the purchase of real estate.
Wholly owned by Residential Capital Corporation, GMAC-RFC offers a wide variety of mortgage products designed to meet the needs of all types of UK home buyers, including landlords and those purchasing property for their own residential needs. In addition to providing buy to let mortgages and remortgages, the company also offers a variety of traditional, non-conforming, and self-certification home loans. The company has been making UK mortgage loans since 1998. In it's short history, GMAC-RFC has grown to the point of originating more than £12 billion in mortgages annually.
GMAC-RFC utilizes outstanding technology that allows mortgage intermediaries to identify the best loan product options for their customers right away. It's easy for mortgage advisors to find GMAC-RFC products that meet their needs, and to get lending decisions very quickly. This company trades the mortgage assets it creates. This means that following closing, GMAC-RFC sells its loans to other lenders. The company's mortgages are sold to financial institutions in bundles, portfolios, or as securitised bonds. This has no adverse impact on the borrower, as the terms of the loan will remain unchanged.
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