Privacy Policy
What does Drop Mortgage, Inc. do with your personal information?
Why?
Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some, but not all, sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do.
What?
The types of personal information we collect and share depend on the product or service you have with us. This information can include:
- Social security number
- Credit history
- Assets
- Income
- Payment history
- Retirement assets
How?
All financial companies need to share customers' personal information to run their everyday business. In the section below, we list the reasons for which financial companies can share their customers' personal information, the reasons Drop Mortgage, Inc. chooses to share, and whether you can limit this sharing.
Reasons we can share your personal information
Does Drop Mortgage, Inc. share?
Can you limit this sharing?
For our everyday business purposes - such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus.
Yes
No
For our marketing purposes - to offer our products and services to you.
Yes
No
For joint marketing with other financial companies.
No
We do not share
For our affiliates' everyday business purposes - information about your transactions and experiences.
No
We do not share
For our affiliates' everyday business purposes - information about your creditworthiness.
No
We do not share
For non-affiliates to market to you.
No
We do not share
Who we are and what we do.
Who is providing this notice?
Drop Mortgage, Inc.
How does Drop Mortgage, Inc. collect my personal information?
We collect your personal information, for example, when you apply for a loan, give us your contact information, give us your employment history, give us your income information, or give us information regarding your assets. We may also collect your personal information from others, such as credit bureaus, affiliates, or other companies.
Why can't I limit all sharing?
Federal law gives you the right to limit only:
- sharing for affiliates' everyday business purposes - information about your creditworthiness;
- affiliates from using your information to market to you; and
- sharing for non-affiliates to market to you.
Definitions
Affiliates
Companies related by common ownership or control. They can be financial and non-financial companies.
Non-affiliates
Companies not related by common ownership or control. They can be financial and non-financial companies.
Joint marketing
A formal agreement between non-affiliated financial companies that together market financial products or services to you.
Questions?
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