Home ownership made easy for GM supplier employees
Welcome to Great Moves by GMAC™. Great Moves is a mortgage, real estate
and moving services program that provides eligible employees of select
GM Suppliers with the advantages they deserve through GMAC Mortgage
Corporation‚s commitment to providing best-in-class service and value.
Through GMAC’s network of affiliations, we invite you to experience the
value and convenience that only Great Moves by GMAC can offer.
Whether it is your first home, a vacation home, or your retirement home,
the Great Moves by GMAC program helps you navigate every step of home
ownership with ease.
Frequently Asked Questions
Q: What is Great Moves by GMAC?
A: Great Moves, is offered under the larger GM Supplier Discount
Program. It is a program designed to provide eligible GM supplier and
business associate employees with significant offers on real estate,
mortgage and interstate moving services.
Q:Who is eligible?
A: The Great Moves by GMAC Program is offered to all active hourly and
salary (full- and part-time) employees of eligible GM suppliers and
business associates who reside in the United States, excluding contract
employees.
Q: What types of selling, buying and moving services does Great Moves
provide?
A: Great Moves offers you experienced real estate professionals,
cash-back on the purchase or sale of a home1, discounts on
interstate moving services2 and complimentary assistance from
a Personal Move Consultant (PMC).
Q: What types of financing services does Great Moves provide?
A: Great Moves offers home equity loans and mortgage loans, including
refinances. Special offers include interest rate reductions or money off
closing costs and competitive rates on home equity lines of credit.
Q: Are my familymembers eligible for Great Moves?
A: No. Great Moves is only available to employees of eligible GM
suppliers and business associates.
Q:How can I learn more about Great Moves?
A: Call Program Headquarters at 1-800-901-1122 and ask to speak to the
Relocation Department.
Q: What is the cash-back offer that a registered GM supplier employee
will receive on their real estate transactions?1
A: For every $1,000 of the home sale and/or purchase price, eligible GM
supplier employees properly registered with Great Moves by GMAC may
receive cash-back1.
Q: How and when will the GM supplier or business associate employee
receive his/her cash-back?1
A: When the real estate transaction is complete, either the customer or
real estate agent must notify the Personal Move Consultant and fax in
their settlement statement. The customer will receive a check within 4
to 6 weeks after the consultant confirms the home closing.
Q: Can customers receive two cash-back checks if they buy and sell a
home through Great Moves by GMAC?1
A: Yes! Registered supplier or business associate employees may receive
cash-back on each transaction.
1Cash-back offer may be limited or prohibited by law in
some states and is not available in those states. Location of property
being purchased or sold determines applicable state law. Cash-back offer
not available in a number of states, including the following: Alaska,
Delaware, Iowa, Kansas, Kentucky, Louisiana, Mississippi, Missouri, New
Jersey, New Mexico, Oklahoma, Oregon, Tennessee, West Virginia.You must
contact GMAC Home Services before contacting a real estate broker.
Cash-back is based on the purchase/sales price of the home. Allow 30
days after closing for cash-back to be awarded. If your home is already
listed, or you are currently working with a real estate agent, this is
not a solicitation for business. Real estate services provided by GMAC
Home Services.
2 Moving services provided through GMAC Global Relocation
Services, Inc. Savings on moving discounts may vary depending on
services required. |
|