Data Privacy and Security

Ameritrust Mortgage Corporation

Data Privacy and Security Policy

Effective Date: 25th September, 2024

Purpose

This policy outlines Ameritrust Mortgage Corporation's ("Ameritrust") commitment to protecting the privacy and security of the personal and financial information of our customers, applicants, and other individuals with whom we interact. We recognize the importance of safeguarding sensitive data and comply with all applicable data privacy laws, including but not limited to the Gramm-Leach-Bliley Act (GLBA) and the California Consumer Privacy Act (CCPA), as well as any other relevant state or federal laws.

Scope

This policy applies to all Ameritrust employees, agents, contractors, and any other parties who have access to or handle customer information.

Information We Collect

Ameritrust may collect various types of personal and financial information, including but not limited to:

• Personal Information:

  Name, address, phone number, email address, Social Security number, date of birth, driver's license number.

• Financial Information:

  Income, assets, debts, credit history, bank account information.

• Other Information:

  Information about your property, employment, and other details necessary to process your loan application.

How We Use Information

We use the information we collect for the following purposes:

• Loan Origination and Servicing:

  To process and underwrite loan applications, service existing loans, and communicate with you about your loan.

• Marketing:

  To provide you with information about our products and services, unless you opt-out.

• Compliance:

  To comply with applicable laws and regulations, including those related to anti-money laundering and fraud prevention.

How We Protect Information

• Administrative Safeguards:

  We maintain physical, electronic, and procedural safeguards to protect your information.

• Access Controls:

  We restrict access to customer information to authorized employees who need it to perform their job duties.

• Data Encryption:

  We use encryption technologies to protect sensitive information transmitted over the internet.

• Vendor Management:

  We carefully select and monitor third-party vendors who have access to customer information to ensure they maintain appropriate security measures.

• Employee Training:

  We provide regular training to our employees on data privacy and security best practices.

Sharing of Information

We do not sell or rent your personal information to third parties. We may share your information with:

• Affiliates:

  Other companies within the Ameritrust family of companies.

• Service Providers:

  Third-party vendors who perform services on our behalf, such as loan processing, appraisal, and title services.

• Other Parties:

  As permitted or required by law, such as in response to a subpoena or court order.

Your Rights

You have the right to:

• Access Your Information:

  Request a copy of the personal information we have collected about you.

• Correct Your Information:

  Request that we correct any inaccuracies in your personal information.

• Delete Your Information:

  Request that we delete your personal information, subject to certain exceptions.

• Opt-Out of Marketing:

  You can opt out of receiving marketing communications from us.

Contact Us

If you have any questions or concerns about our privacy practices or wish to exercise your rights, please contact our Privacy Officer at info@ameritrust-mortgage.com

Policy Updates

We may update this policy from time to time. We will notify you of any material changes by posting the updated policy on our website or through other communication channels.

Disclaimer

Ameritrust Mortgage Corporation, NMLS #217229 located at 17341 Irvine Blvd., Suite 285, Tustin, CA 92780. Ameritrust Mortgage Corporation does not provide legal, tax, or financial advice or guidance and is not associated with any government agency. This is not an offer for extension of credit nor a commitment to lend. Programs, rates, terms and conditions subject to change without notice. Certain restrictions may apply. All approvals are subject to underwriting guidelines and minimum credit requirements. Not all loans or products are available in all states. As a result of refinancing, your total finance charges may be higher over the life of the loan. Minimum and maximum loan amounts apply. For current licensure information, please visit: www.nmlsconsumeraccess.org.

Ameritrust Mortgage Corporation