At Watkins Mortgage we take our clients’ financial privacy very seriously. During the course of processing your application, we accumulate non-public personal financial information from you and from other sources about your income, your assets, and your credit history in order to allow a lender to make an informed decision about granting you credit. We restrict access to non-public personal information about you to those employees who need to know that information to provide products and services to you. We maintain physical, electronic, and procedural safeguards that comply with federal regulations to guard your non-public personal information.
Information Collected:
We collect non-public personal information about you from the following sources:
- Information we received from you on the applications or other forms, such as your name, address, social security number, assets, income, & employment information
- Information about your transactions with us, our affiliates, or others, such as your account balance & payment history
- Information we received from a consumer reporting agency, such as your creditworthiness and credit history & credit (FICO) scores
Information Shared:
We may disclose the above information about you to the following types of third parties:
- Financial service providers, mortgage lenders, mortgage banks & mortgage servicers
- Non-financial companies, such as title and escrow companies, appraisal companies, etc.
Information Not Shared:
We do not disclose, and do not wish to reserve the right to disclose nonpublic personal information to affiliates or nonaffiliated third parties. We will NOT disclose the above information to any of the following:
- Companies performing marketing services
- Any home service providers such as lawn care, life insurance companies, internet providers etc.
- Other financial institutions other than the financial institutions listed above
We make disclosures to other nonaffiliated companies:
(1) For your everyday business purposes to process transactions
(2) As permitted by law.
