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GMAC 2nd mortgage question

Discussion in 'Short Sale Outpost' started by BellR, Mar 23, 2009.

  1. BellR

    BellR LoanSafe Member

    I found out that our 1st mortgage with GMAC has been approved for a short sell. Now I am told I have to wait to see if they approve it for our 2nd mortgage. Both mortgages are with GMAC. Does anyone know if it is hard to get a 2nd mortgage approved after the 1st one is approved?
  2. fallacy

    fallacy LoanSafe Member

    Did you have to go through a lot hoops to get the short sale approved? I too have two mortgages with GMAC. Did you have to contact Mr. Neuman?

    Thank you.

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