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Home > Privacy Policy/Security
PRIVACY POLICY DISCLOSURE
(Protection of the Privacy of Personal Non-Public Information)
Respecting and protecting customer privacy is vital to our business. By explaining our Privacy Policy to you, we trust that you will better understand how we keep our customer information private and secure while using it to serve you better. Keeping customer information secure is a top priority, and we are disclosing our policies to help you understand how we handle the personal information about you that we collect and disclose. This notice explains that as your mortgage broker, GFC Mortgage Group does not disclose any nonpublic personal information about our customers or former customers to anyone, except as permitted and/or required by law and restrict access to nonpublic personal information about you to those employees, and/or the selected Lender that requires such information in order to provide you, the customer/borrower, with the loan originating services as requested. GFC is not liable for third parties (Equifax, Trans Union, Experian) from selling your information to marketing companies, lenders, investors, appraisal companies and the like. GFC will also provide you with information on how to prohibit the sharing of third-party credit-related information by “Opting Out”. The provisions of this notice shall apply to former customers as well as current customers unless otherwise indicated.
The Privacy Policy explains the following:
- Protecting the confidentiality of our customer information.
- Who is covered by the Privacy Policy.
- How we gather information.
- The types of information we share, why and with whom.
- Opting Out – How to instruct you to opt out from allowing third parties from selling your information.
Protecting the Confidentiality of Customer Information:
We take our responsibility to protect the privacy and confidentiality of customer information very seriously.
We maintain physical, electronic, and procedural safeguards that comply with federal standards to store and secure information about you from unauthorized access, alteration, and destruction. Our control policies, for example, authorize access to customer information only by employees who need to know that information to provide the requested loan origination services to you.
From time to time, we enter into agreements with other companies to provide services to us or make products and services available to you. Under these agreements, the companies may receive information about you but they must safeguard this information, and they may not use it for any other purposes.
Who is Covered by the Privacy Policy:
We provide our Privacy Policy to customers when they conduct business with our company. If we change our privacy policies to permit us to share additional information we have about you, as described below, or to permit disclosures to additional types of parties, you will be notified in advance. This Privacy Policy applies to consumers who are current customers or former customers.
How We Gather Information:
As part of providing you with financial products or services, we may obtain information about you from the following sources:
- Application, forms, and other information that you provide to us, whether in writing, in person, by telephone, electronically, or by any other means. This information may include your name, address, employment information, income, and credit references;
- Your transaction with us, our affiliates, or others. This information may include your account balances, payment history, and account usage;
- Consumer reporting agencies. This information may include account information and information about your credit worthiness;
- Public sources. This information may include real estate records, employment records, telephone numbers, etc.
Information We Share:
We may disclose information we have about you as permitted by law. We are required to or we may provide information about you to third-parties without your consent, as permitted by law, such as:
- To regulatory authorities and law enforcement officials.
- To protect against or prevent actual or potential fraud, unauthorized transactions, claims, or other liability.
- To report account activity to credit bureaus.
- To consumer reporting agencies.
- To respond to a subpoena or court order, judicial process or regulatory authorities.
- In connection with a proposed or actual sale, merger, or transfer of all or a portion of a business or an operating unit, etc.
Opting Out
You may prohibit the sharing of application and third-party credit-related information by “Opting Out”.
You can opt-out by visiting www.optoutprescreen.com and completing the simple 5 year opt-out form or by calling 888-567-8688. Please be aware of the following:
*Opting out (or not opting out) has no impact on their credit score.
*Removing your name from these lists for firm offers of credit or insurance DOES NOT affect their ability to obtain credit or insurance.
*Consumers may not submit opt-out requests on behalf of other members of their family.
*The opt-out process can take up to 5 business days to take effect.
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