Privacy Policy

Privacy Policy for Simply Approved Mortgages

Effective Date: Dec 1st 2024

At Simply Approved Mortgages, we value your privacy and are committed to safeguarding your personal information. This Privacy Policy outlines how we collect, use, share, and protect your information. We comply with all applicable federal and state laws, including the Gramm-Leach-Bliley Act (GLBA), Fair Credit Reporting Act (FCRA), and other USA-specific mortgage industry regulations.

By using our services, you consent to the practices described in this Privacy Policy.

1. Information We Collect

We collect information to provide you with the best possible service. The types of information we may collect include:

Personal Identification Information (PII):

• Name, address, phone number, email address, Social Security Number, and date of birth.
• Financial information, including income, credit history, debt obligations, and bank account details.
• Property information related to your loan application or refinancing request.

Non-Personal Identification Information:

• Browser type, operating system, IP address, and technical details about your device.
• Aggregate data about how users interact with our website.

Methods of Collection:

• Forms completed on our website or mobile app.
• Telephone, email, or in-person interactions.
• Third-party services, such as credit reporting agencies or public records.

2. How We Use Your Information

We use the information collected for the following purposes:

Loan Processing and Approval:

• To evaluate your application and determine eligibility for mortgage products.

Improving Customer Service:

• To respond to your inquiries, process transactions, and deliver personalized service.

Enhancing User Experience:

• To analyze how customers use our website and improve our online offerings.

Marketing and Promotions:

• To send you promotional offers, newsletters, or updates on relevant products and services, with your consent.

Regulatory Compliance and Fraud Prevention:

• To comply with federal and state laws, detect fraud, and ensure secure transactions.

3. Sharing Your Information

We respect your privacy and do not sell or rent your personal information. However, we may share your data under these circumstances:

With Third-Party Service Providers:

• To help operate our business, such as processing loans, credit checks, or delivering newsletters.

With Lenders and Financial Institutions:

• For the purpose of processing your loan application.

With Government Agencies:

• As required by law, for audits, compliance reviews, or investigations.

With Trusted Partners:

• To jointly offer products or services, with your consent.

We ensure all third-party partners adhere to strict confidentiality and data protection standards.

4. Protection of Your Information

We implement industry-standard security measures to protect your information from unauthorized access, alteration, or disclosure, including:

• Data encryption for sensitive information.
• Secure access protocols for online transactions.
• Regular system monitoring and vulnerability testing.
• Compliance with PCI security standards.

5. Your Privacy Rights

You have the right to:

• Access and Correct Information: Request access to your personal data or correct inaccuracies.
• Opt-Out of Marketing: Choose not to receive promotional communications from us.
• Data Deletion: Request deletion of your personal data, subject to legal and regulatory retention requirements.
• Do Not Track (DNT): We honor “Do Not Track” signals set in your browser.

To exercise these rights, please contact us.

6. Cookies and Tracking Technologies

We use cookies and other tracking technologies to improve your online experience. Cookies help us:

• Analyze website traffic and user behavior.
• Personalize your browsing experience.
• Serve relevant advertisements.

You can manage cookie preferences through your browser settings. Please note that disabling cookies may affect website functionality.

7. Third-Party Websites

Our website may include links to third-party websites. We are not responsible for the privacy practices or content of these external sites. We encourage you to review the privacy policies of any external websites you visit.

8. Regulatory Compliance

Simply Approved Mortgages adheres to all applicable laws and regulations, including:

• The Gramm-Leach-Bliley Act (GLBA) for protecting financial data.
• The Fair Credit Reporting Act (FCRA) for credit-related information.
• The Real Estate Settlement Procedures Act (RESPA) for transparency in mortgage transactions.
• The Equal Credit Opportunity Act (ECOA) to prevent discrimination in lending.

9. Updates to This Privacy Policy

We may update this Privacy Policy periodically to reflect changes in laws, regulations, or business practices. Any updates will be posted on this page with the effective date clearly stated.

10. Contact Us

If you have questions about this Privacy Policy or how your information is handled, please contact us:
📧 Email: support@simplyapprovedmortgages.com
📞 Phone: 877-813-7219
📍 Address: 633 W 5th ST STE 2600
                        Los Angeles, CA 90071

Legal Disclaimer

This Privacy Policy is designed to meet USA federal and state regulations and is enforceable under applicable laws. Your continued use of our services constitutes acceptance of this Privacy Policy.