
You will not find GMAC-RFC on any high street. They source mortgage business through Independent Financial Advisors, so with no expensive branch network to maintain they are able to offer competitive mortgage products across a wide range of markets.
Whilst you may not have heard of GMAC-RFC you’ll have heard of its ultimate parent company, General Motors. Quite rightly, General Motors is linked to car manufacturing, but in the US its finance arm, GMAC Financial Services, is also a household name. In fact, it’s one of the largest financial services companies in the world with a presence in over 40 countries.
GMAC-RFC was formed in the UK in 1998 and is now the UK’s 10th largest mortgage lender. In 2004 GMAC-RFC completed £6.34 billion in mortgage loans and in the past 12 months has won a variety of awards for its products and services. Their headquarters is in Bracknell, Berkshire and it employs over 700 staff.
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