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PRIVACY POLICY

The Mortgage Marketplace is a mortgage brokerage and customer service is very important to all of us. As we continue to improve and expand our services, we recognize our customers' need and desire to preserve their privacy and confidentiality. Safeguarding our customers' privacy is also very important to us. We have adopted standards that help maintain and preserve the confidentiality of customers' nonpublic personal information. The following Statement affirms our continued efforts to safeguard customer information.

Information We Collect

We gather nonpublic personal information about our customers as may be necessary to conduct business with our customers. We collect the following nonpublic personal information about you via email, text messages and phone conversations:

  • Information we receive from you on applications or other forms, over the telephone or in face-to-face meetings, and via the Internet. Examples of information we receive from you include your name, address, telephone number, social security number, credit history and other financial information.
  • Information about your transactions with us or others. Examples of information relating to your transactions include payment histories, account balances and account activity.
  • Information we receive from a consumer reporting agency. Examples of information from consumer reporting agencies include your credit score, credit reports and other information relating to your creditworthiness.
  • From employers and others to verify information you have given to us. Examples of information provided by employers and others include verifications of employment, income or deposits

The information we collect is essential for loan qualifying purposes - in determining credit score used to qualify and to determine accurate debt to income ratios.   The information gathered is used to pull credit reports and run automated underwriting.   The data we receive is stored on secure servers hosted by our loan origination software.   All computers are password protected and loan software has separate logins and passwords to protect consumer data.   

Information We Disclose

Your personal information will only be retained for the purpose of providing you with our response to your query and will not be made available to any third party except as necessary to be disclosed to any related entity for the purpose intended or as required to be disclosed under law.

We will only share personal data with lenders we use for the purpose of your loan.  Any concerns regarding this can contact Doil Kim , 847-737-4747 - dk@mortgagemp.com

Phone numbers collected and used for texting and SMS purposes will not be shared with other third parties and lenders will not contact the customers directly.   All communication would go through The Mortgage Marketplace Inc. 

By submitting data on our website, the visitor is providing explicit consent to transmission of data collected on the website.

We treat data as confidential within our firm and require a strict adherence of all our employees to data protection and our confidentiality policies.

All visitors, however, should be aware that our website may contain links to other sites that are not governed by this or any other privacy statement.

We reserve the right to amend (that is, add to, delete or change) the terms of this Privacy Statement from time to time.