Complaint Review: GMAC MORTGAGE - Waterloo Indiana
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- Author Confirmed
- GMAC MORTGAGE 3451 Hammond Ave Waterloo, Indiana United States of America
- Phone: 800-766-46
- Web: http://www.gmacmortgage.com
- Category: Mortgage Companies
GMAC MORTGAGE sending me letters each year of my name Waterloo, Indiana
*Consumer Comment: Where is the rip off?
*Consumer Comment: And your point is?
*Consumer Suggestion: I suspect
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This report was posted on Ripoff Report on 10/20/2009 11:20 AM and is a permanent record located here: https://www.ripoffreport.com/reports/gmac-mortgage/waterloo-indiana-50704/gmac-mortgage-sending-me-letters-each-year-of-my-name-waterloo-indiana-512125. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content
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#3 Consumer Comment
Where is the rip off?
AUTHOR: Susan - (U.S.A.)
SUBMITTED: Tuesday, 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.
#2 Consumer Comment
And your point is?
AUTHOR: Sara - (U.S.A.)
SUBMITTED: Tuesday, October 20, 2009
Is there a point to this? Or even a rip off??
#1 Consumer Suggestion
I suspect
AUTHOR: Robert - (USA)
SUBMITTED: Tuesday, 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.
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