- Report: #512125
Complaint Review: GMAC MORTGAGE - Waterloo Indiana
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Author Confirmed
Why?
GMAC MORTGAGE
3451 Hammond Ave Waterloo, 50704 Indiana, United States of America
Phone:
800-766-46
Web:
http://www.gmacmortgage.com
Categories:
Business Rating:
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GMAC MORTGAGE sending me letters each year of my name Waterloo, Indiana
3 Updates & Rebuttals
Susan
This City,Illinois,
U.S.A.
Where is the rip off?
#2Consumer Comment
Tue, October 20, 2009
Where is the rip off?
You have a mortgage with them under one name but your income taxes (Pay check) is under another name.
If I was your lender I would be worried too and check more than once a year.
Sara
Denver,Colorado,
U.S.A.
And your point is?
#3Consumer Comment
Tue, October 20, 2009
Is there a point to this? Or even a rip off??
Robert
Buffalo,New York,
USA
I suspect
#4Consumer Suggestion
Tue, October 20, 2009
I suspect that the "letter" they are sending you is a statement of INTEREST PAID on your mortgage for the previous calendar year.
They are REQUIRED to issue this statement so that YOU CAN DEDUCT THE INTEREST PAID ON YOUR MORTGAGE from your taxable income when you file your income taxes.
I have several mortgages (rental properties) and EACH lender sends me such a statement for income/business tax filing purposes.
My wife's mortgage is under her maiden name but she files with the IRS and NY State with her married name. This has not been a problem whatsoever.
