In less than two weeks since it launched its new self cert range, GMAC-RFC has seen its self cert applications double. With rates from 4.95%, GMAC-RFC believes it has one of the best rates in the market.
It also offers a rapid remortgage option on its self cert discounted rates. Income multiples go up to 4.5 + 1 for single applicants or 3.75 x joint
Jeff Knight, Head of Marketing Services said: ”I know that the self cert market will continue to grow in the future, but I don’t think it has doubled in less than a fortnight. So it is clear we are increasing our share in this important market. Our current 2 year fixed rate is proving to be very popular. Add to that our fast turnaround times and award winning on-line system and you can see why intermediaries like GMAC-RFC so much.”
