Abogados

HISPANIC PR WIRE - GMAC Mortgage Corporation and the United States Hispanic Chamber of Commerce (USHCC) recently announced a unique mortgage services program designed to reduce home financing costs for new and existing homeowners available to USHCC members and their employees. Ennio Garcia-Miera, vice president of the New Markets Group, GMAC Mortgage, made the announcement at the recent USHCC annual convention in Milwaukee, Wisconsin.

The partnership with the USHCC is one of several with Latino business organizations that GMAC Mortgage has instituted this year to assist Latino families realize the dream of home ownership. According to the Tomás Rivera Policy Institute at the University of Southern California, 84 percent of Latino renters want to buy a house and 55 percent plan on doing so in the next five years.

“We are very thrilled to partner with the USHCC to offer a variety of home-buying products that can significantly impact the costs of purchasing a home,” said García-Miera.

The special GMAC services program includes:

-- $250 off home closing fees by GMAC Mortgage
-- $3 per $1000 reduction on sale or purchase of a home through a GMAC Real Estate Realtor or when using a participating realtor
-- Competitive pricing on homeowners insurance policy through GMAC Insurance
-- $100 reduction on title insurance at closing from GMAC Home Connects
-- A special rate reduction for the life of student loans, and a no-minimum amount for new consumer accounts at GMAC Bank

“Through these special services we are excited to take our relationship with the USHCC to the next level. We believe this new program will contribute to the growth and success of USHCC members, their employees and families throughout the U.S” Garcia-Miera said.

The USHCC initiative is an integral part of a national commitment by GMAC Mortgage to make the home buying process more affordable and accessible to Latino families. Earlier this year, GMAC Mortgage launched “La Última Palabra,” a national program to establish itself as the last word in home financing with the Latino community.

For more information and to access the special services, USHCC members can call the dedicated bilingual telephone line at 1-866-389-0443.