Rev: 02/17/2023
Provided by: Richardson Mortgage, LLC
FACTS
What does Richardson 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 income
– Credit history and credit scores
– Account balances and payment history
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 customers’ personal information, the reasons Richardson Mortgage, LLC chooses to share, and whether you can limit this sharing.
How?
|
Reasons we can share your personal information |
Does Richardson Mortgage, LLC share? |
Can you limit this sharing? |
|
For our everyday business purposes – such as to process your transactions, maintain your account(s), respond 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 do not share |
|
For joint marketing with other financial companies |
No |
We do not share |
|
For our affiliates’ everyday business purposes – information about your transactions and experiences |
No |
We do not share |
|
For our affiliates’ everyday business purposes – information about your creditworthiness |
No |
We do not share |
|
For our affiliates to market to you |
No |
We do not share |
|
For nonaffiliates to market to you |
No |
We do not share |
To limit our sharing
Mail the form below to:
Richardson Mortgage, LLC
4708 River Edge Pl, Frisco, TX 75036
Please note:
If you are a new customer, we can begin sharing your information 30 days from the date we sent this notice. When you are no longer our customer, we continue to share your information as described in this notice. However, you can contact us at any time to limit our sharing.
Questions?
Call us at 214-216-1760 or email us at denise@richardsonmortgagetx.com
Who we are
Who is providing this notice?
Richardson Mortgage, LLC
What we do
How does Richardson 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.
How does Richardson Mortgage, LLC collect my personal information?
We collect your personal information, for example, when you:
– Apply for a loan or give us your employment history
– Provide income or account information
– Provide employment 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.
– Richardson Mortgage, LLC has no affiliates.
Nonaffiliates
Companies not related by common ownership or control. They can be financial and nonfinancial companies.
– Richardson 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.
– Richardson Mortgage, LLC doesn’t jointly market.
