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GMAC in the Community

GMAC is part of many communities across the country. And as part of those communities we feel we should leave each place a little better than we found it. That is why GMAC participates in various programs to better the community. Our biggest effort for community improvement is working with Habitat for Humanity.

In 2004, GMAC sponsored the building or refurbishing of seven Habitat for Humanity properties across the country with a contribution of nearly $700,000. We not only donate money, but time as well. Our associates in these cities get down and dirty and really work to build each home.

GMAC also works with philanthropic efforts to give money to not-for-profit companies and their employees. The organizations we choose are those who improve community life through housing efforts, homeowner education and development. We help the employees and the organizations through a number of programs. The first is the direct program. We contribute to corporations which, in turn, provide services and manufactures products that support our business efforts.

The second is a volunteer program. This program allows GMAC to contribute money to a not-for-profit that a GMAC associate is a volunteer for. The third program is one that matches employees’ contributions to a maximum of $250. This is a great way for the employees to get involved and for the community to benefit.

The final program is the volunteer release initiative. Via this program, in which associates may volunteer off-site for a workday (usually up to eight hours) and still be compensated by GMAC, employees have an outlet to do something good while still getting paid for their time at work. Hence, through this workplace initiative, both the organization and the employee benefit.

While these are GMAC’s on-going programs, we hold events throughout the year to benefit local and national organizations.

More on Mortgage Dealers
  Applying for a Loan with GMAC
  Adjustable-rate mortgages
  The Basic Mortgage
  Before you apply
  Buying: pros and cons
  Choosing the Right Loan
  Credit History
  Down payment
  Equity Line of Credit
  Escrow Accounts
  Fixed-rate mortgages
  How Much Can You Afford?
  Mortgage Refinancing Online:
  Private mortgage insurance
  Refinancing FAQs

 


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