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Empowering the next generation.

GMAC Mortgage has launched the Move In AmericaSM program designed to help novice homebuyers overcome common obstacles to homeownership.

Move In America is the first of several programs from GMAC Mortgage that will provide products, services and guidance tailored to meet the needs of homebuyers in various stages of their lives.

Move In America seeks to empower a new generation of homeowners by providing them with the knowledge and tools they need to understand the home financing process and to better manage the investment in their homes.

The Move In America program is a comprehensive suite of products and services specifically geared toward first-time homebuyers or buyers in their 20s and early 30s.

"While this diverse group of young potential homebuyers has more options available to them than before, they still face challenges to homeownership, including a lack of understanding of the home buying process, lack of savings for a traditional cash down payment, a slightly imperfect or limited credit history, and limited monthly budget," commented Rick Gillespie, chief marketing officer, GMAC Mortgage.

"GMAC Mortgage is committed to making homeownership a near-term financial reality for these and other prospective buyers."
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Title Annotation:Move In AmericaSM program to help the homebuyers
Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Apr 28, 2004
Words:190
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