Privacy Policy

The Facts: What Does Open Mortgage, LLC Do With Your Personal Information

Why?

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 requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do.

What?

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

How?

All Financial companies need to share customers’ 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 processing your transactions, maintaining your account(s), responds to court orders and legal investigations, or report to credit bureaus

Yes

No

For our marketing purposes – to offer our products and services to you

No

We Don’t Share

For joint marketing with other financial companies

No

We Don’t Share

For our affiliates’ everyday business purposes— information about your transactions and experiences

No

We Don’t Share

For our affiliates’ everyday business purposes— information about your creditworthiness

No

We Don’t Share

For our affiliates to market to you

No

We Don’t Share

Questions?

Call 888-602-6626

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.

Definitions

Affiliates

Companies related by common ownership or control. They can be financial and nonfinancial companies.

  • Open Mortgage, LLC has no affiliates

Nonaffiliates

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.

Joint Marketing

A formal agreement between nonaffiliated financial companies that together market financial products or services to you.

  • Open Mortgage, LLC doesn’t jointly market

More Resources

Open Mortgage offers a trove of resources from easy, quick videos to detailed educational resources. We’ve got you covered!

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