GMAC Mortgage Reviews

Updated July 2, 2015
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3.5
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Recommend to a friend
Approve of CEO
GMAC Mortgage CEO, Ally Financial Michael A. (Mike) Carpenter
Michael A. (Mike) Carpenter
11 Ratings

Pros
  • Good place to grow in your career - good work/life balance (in 3 reviews)

Cons
  • Current financial crisis and bailout, tells which sub (in 2 reviews)

  • The only con of this organization is the distance from the Fort Washington office to Southern Jersey (in 2 reviews)

More Pros and Cons

50 Employee Reviews

Sort: Popular Rating Date
  1. Instructional Designer

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Instructional Designer in Fort Washington, PA
    Former Employee - Instructional Designer in Fort Washington, PA

    I worked at GMAC Mortgage

    Pros

    Great people, one of the best teams I've ever worked with Access to authoring technology and resources Strong leadership allowed us to focus on developing content with a minimum of distraction

    Cons

    Company was struggling financially Not a lot of room for career development


  2. hope they

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at GMAC Mortgage

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    Loved talking with people all over the country and helping them!

    Cons

    Lots of Noncompliance issues. Some shady people with no moral ethics.sad

    Advice to Management

    Follow the laws. Help people for long term benefits. Don't just look out for yourselves.


  3. lien tracker

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Lien Tracker in Dallas, TX
    Former Employee - Lien Tracker in Dallas, TX

    I worked at GMAC Mortgage

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    fun to work with and good stuff

    Cons

    none nothing that i can think of


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  5. Registration Desk

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Customer Service Representative, High Volume Phone Inbound Call Center in Fort Washington, PA
    Former Employee - Customer Service Representative, High Volume Phone Inbound Call Center in Fort Washington, PA

    I worked at GMAC Mortgage full-time (More than 5 years)

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    Loved working with the people there, loved my work, loved the pay and benefits, hours were great!

    Cons

    It was a far commute.

    Advice to Management

    Let your employees telecommute a few days out of the week.


  6. very positive work experience

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at GMAC Mortgage full-time (More than 3 years)

    Pros

    wonderful co-workers, realistic, approachable, and understanding management. provided direction and room for growth

    Cons

    company was broken apart upon completion of bankruptcy


  7. Excellent

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Risk Analyst in Fort Washington, PA
    Current Employee - Risk Analyst in Fort Washington, PA

    I have been working at GMAC Mortgage full-time (More than 3 years)

    Pros

    Great benefits, culture, work-life balance, management

    Cons

    perks, growth opportunity, expensive cafeteria food


  8. Fast paced, challenging assignments

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at GMAC Mortgage full-time (More than 10 years)

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Fellow co-workers like family. Many opportunities to lead various business segments

    Cons

    Caught in the credit crunch, company now dealing with the red tape due to higher scrutiny. Great franchise dismantled.

    Advice to Management

    You have a core of competent employees and former employees in the area to create something great again in the mortgage space.


  9. Best job I ever had

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at GMAC Mortgage

    Recommends
    Recommends

    Pros

    Working here was the best work experience I've encountered. The supervisors were supportive and encouraging, and I never dealt with any micro-management. It was a very positive atmosphere, and the compensation was competitive for the position.

    Cons

    None. The only reason I stopped working there is because my position was discontinued.

    Advice to Management

    Keep doing what your doing!


  10. Gmac Mortgage

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Risk Analyst in Fort Washington, PA
    Former Employee - Risk Analyst in Fort Washington, PA

    I worked at GMAC Mortgage full-time (More than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    GMAC has a great family atmosphere and people were generally supportive of each other. The compensation, including salary and benefits, were all competitive.

    Cons

    The only con of this organization is the distance from the Fort Washington office to Southern Jersey. Nonetheless, a commuter's traveling time can be reduced significantly if he/she leaves early in the morning.

    Advice to Management

    From an employee standpoint, the leadership staff is excellent, diligent, and hardworking.


  11. Loved my coo-workers and work environment

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at GMAC Mortgage

    Recommends
    Negative Outlook
    No opinion of CEO
    Recommends
    Negative Outlook
    No opinion of CEO

    Pros

    Friendly staff, forward minded company that understood the need to balance customer and employee satisfaction.

    Cons

    Departments did not always work well together or keep each other informed of process changes.



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