The Facts: What Does Open Mortgage, LLC Do With Your Personal Information
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 required us to tell you how we collect, share, and protect your personal information.
Please read this notice carefully to understand what we do.
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 and Credit History
- Credit Scores and Account Balances
- Payment Histories
All Financial companies need to share customer’s personal information to run their everyday business. In the section
below we list the reasons financial companies can share their customer’s personal information, the reasons Open
Mortgage, LLC chooses to share, and whether you can limit this sharing.
Reasons we can share your personal information
Does Open Mortgage, LLC Share?
Can you limit this sharing?
For our everyday business purposes – such as to process your transactions, maintain your
account(s), responds to court orders and legal investigations, or report to credit bureaus
For our marketing purposes – to offer our products and services to you
For joint marketing with other financial companies
For our affiliates’ everyday business purposes— information about your transactions and experiences
For our affiliates’ everyday business purposes— information about your credit worthiness
For our affiliates to market to you
Visit us online: openmortgage.com/contact/
Who is providing this notice?
Open Mortgage, LLC NMLS #2975
How does Open Mortgage, LLC protect my personal information?
To protect your personal information from unauthorized access and use, we use security measures that comply with
federal law. These measures include computer safeguards and secured files and buildings. We protect your personal
information from unauthorized access using security measures that comply with federal law.
We collect your personal information, for example, when you:
- Apply for a loan or provide employment information
- Give us your income information or tell us about your investment or retirement earnings
- Provide account information
We 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
- Sharing for nonaffiliates to market to you
State Laws and individual companies may give you additional rights to limit sharing.
Companies related by common ownership or control. They can be financial and nonfinancial companies.
- Open Mortgage, LLC has no affiliates
Companies not related by common ownership or control. They can be financial and nonfinancial companies.
- Open Mortgage, LLC does not share with nonaffiliates so they can market to you.
A formal agreement between nonaffiliated financial companies that together market financial products or services to you.
- Open Mortgage, LLC doesn’t jointly market