We present optical and X-ray observations of two tidally distorted, extremely low-mass white dwarfs (WDs) with massive companions. There is no evidence of neutron stars in our Chandra and XMM observations of these objects. SDSS J075141.18$-$014120.9 (J0751) is an eclipsing double WD binary containing a 0.19 Msol WD with a 0.97 Msol companion in a 1.9 h orbit. J0751 becomes the fifth eclipsing double WD system currently known. SDSS J174140.49+652638.7 (J1741) is another binary containing a 0.17 Msol WD with an unseen M > 1.11 Msol WD companion in a 1.5 h orbit. With a mass ratio of ~0.1, J1741 will have stable mass transfer through an accretion disk and turn into an interacting AM Canum Venaticorum (AM CVn) system in the next ~160 Myr. With a mass ratio of 0.2, J0751 is likely to follow a similar evolutionary path. These are the first known AM CVn progenitor binary systems and they provide important constraints on the initial conditions for AM CVn. Theoretical studies suggest that both J0751 and J1741 may create thermonuclear supernovae in ~10^8 yr, either .Ia or Ia. Such explosions can account for ~1% of the Type Ia supernova rate.