Privacy & Security

Trust and confidence. You can’t be successful in the mortgage industry without them. That’s why we go above and beyond the industry standard when it comes to protecting the personal and confidential information of our borrowers. Below is an extensive overview of the policies and safeguards we have in place. Please take a moment to review them, and don’t hesitate to contact us with any questions.

Platinum Financial Funding will provide competitive products and services that best meet the mortgage loan needs of borrowers, and that commitment involves the sharing of necessary information with our affiliated third-party financial service providers (i.e., FHA, Fannie, Freddie). Also, in order to assist borrowers in meeting their mortgage loan needs, we have entered into agreements with other companies that provide either services to us (i.e., title agencies) or additional financial products to consider. Under these agreements, we may disclose the information we collect, as described below, to other companies that perform marketing or other services on our behalf or to other financial institutions with whom we have joint marketing agreements.

To protect borrowers’ privacy, we only work with companies that agree to maintain strong confidentiality protections and limit the use of information we provide. We do not permit these companies to sell your information to third parties.

PERSONAL INFORMATION

We will collect the following non-public personal information about our borrowers from a variety of sources and may disclose the information we collect to our affiliated companies.

  • From loan applications, we obtain information such as name, address, social security number and income
  • From consumer reporting agencies, we obtain information such as your credit worthiness and credit history
  • From verification of information borrowers provide on Platinum loan applications, we obtain information from current and past employers, other financial institutions and other sources

These disclosures typically include information to process a mortgage loan on borrowers’ behalf, conduct the operations of Platinum Financial Funding, follow the instructions that borrowers authorize, and to protect the security of financial records.

KEEPING INFORMATION SECURE

We restrict access to borrowers’ personal information to only those employees who have a specific business purpose in utilizing their data. Our employees are trained in the importance of maintaining confidentiality and privacy. We maintain stringent physical, electronic and procedural safeguards that comply with federal regulations to safeguard non-public personal information.