Privacy

Privacy Statement for Loanlane

Loanlane has created this privacy statement in order to demonstrate our firm commitment to privacy and security. The following discloses the information gathering and dissemination practices for Loanlane.

We are committed to protecting your privacy at all times.

We do not outsource any part of your loan application for processing.

We do not send unsolicited email; we do not sell or distribute your email address with anyone.

We do not profile you; we do share any of your information with anyone not directly involved in your mortgage transaction.

We keep your electronic data on a password protected computer disk, only.

In compliance with the USA Patriot Act, we will request a photo identification displaying your present address and date of birth to accompany your loan application.

If we suspect you may be a victim of identity theft, we will alert you immediately.

If we notice discrepencies on your credit report, such as large balances unreported by you, address errors, or social security number errors, we will alert you in order to to have the discrepency resolved.

This site uses an order form for prospective clients to initiate a loan inquiry. if you apply for a mortgage, we will collect your unique identifiers (like your social security number), financial information (like your account or credit balances), and demographic information (like your zip code, age, or income level). We do not share this information with any partly that is not a direct participant in your mortgage transaction.

The direct participants in your mortgage transaction are:

* Credit reporting firm (requires social security number)
* Real estate appraiser (requires property data)
* Escrow company (requires current loan data, homeowners insurance data)
* Bank/Mortgage Lender (requires all of the above)

Because we do not accept every mortgage inquiry, we will not share any of your private data without your consent. If we choose not to participate in your mortgage transaction, your private data will be destroyed immediately.

Security

This site has security measures in place to protect the loss, misuse and alteration of the information under our control. The information sent to us via an online inquiry is general in nature and as such we not request your social security number. Loanlane treats all internet based data as if it had been hand delivered to our office in a sealed envelope.

Contacting Us

If you have any questions about this privacy statement, the practices of this site, or your dealings with this web site, or our office, you can contact:

Mark Leaver, Broker

Click Here for Email


Rates \| Calculator \| Application \| Amortization \| Investing \| Contact

Equal Housing Lender. Copyright 2024 Mark Leaver. All rights reserved. Terms and Conditions of Use. Read our privacy statement. CA Department of Real Estate, real estate broker, license 01006840. NMLS ID# 278620 and 364089. Rates appearing on the Loanlane web site are subject to change and are intended for California owner occupied single family residences only. First position liens only, fully amortizing. Mortgage rates are subject to change without notice. Mortgage rates posted on this web site apply to applicants with a minimum FICO score exceeding 720 and a loan-to-value ratio less than 60%, and require documented income and assets to comply with underwriting requirements. Loan amounts below $250,000 will have additional fees. If your FICO score is below 720, your loan-to-value ratio exceeds 60%, or you are withdrawing equity from your home (i.e. cash-out) your mortgage pricing will be marginally higher due to industry policies. All programs are underwritten to Fannie Mae underwriting guidelines. Not applicable to FHA or VA loans. Some loans may have fee adjustments based on risk factors (FICO score), or the loan size, please ask us for details. Rate locks are not lending contracts and are granted only after the receipt of a fully documented loan application. . All loans displayed on this page have no prepayment penalty, and monthly escrow of property tax and/or insurance is not required if the loan-to-value ratio is less than 80%. Loans exceeding $766,550 not available in all California counties. The information contained herein is believed to be reliable. However, we do not make any representations as to its accuracy or completeness. Any statements nonfactual in nature constitute only current opinions, which are subject to change.