This is a disclosure required by federal law which is intended to tell you:
Where we get information
about you (our sources)
Who You Are
We means , its affiliates, and fictitious names headquartered in Stevensville, MD at 102 St. Claire Place, Suite 101-A.
Information means nonpublic
personal information that generally means:
Affiliates are companies that are related to one another by ownership, common ownership, or control. For example, if one company owns or controls another company, they are affiliates of one another.
Nonaffiliate means a company that is not an affiliate of another company, and it also means a person who is not an employee of a company.
Opt Out means a choice a person can make (in certain cases) to prevent a financial institution from sharing information about that person with others (You do not have a right to opt out because we do not share information about you for marketing purposes).
Sources for Information
WE DO NOT SHARE INFORMATION ABOUT YOU WITH ANYONE EXCEPT AS REQUIRED OR PERMITTED BY LAW.
More: does NOT sell your name, phone number or address to any other company for marketing purposes. Period.
If we are NOT licensed in your state, we do attempt to help borrowers accomplish their goals by forwarding inquiries, leads and emails to other lenders or mortgage companies who may be licensed in that particular state.
Users of this web site understand that has no control over other said lenders or mortgage companies with regard to any statements, promises, commitments, privacy issues, etc. which they may make to the applicant. Borrower/ Applicant therefor agrees to and hereby waives any right which they may have against Consolidated Mortgage , its agents and or employees as a result of the failure of such others to comply with any of the said statements, promises, commitments, errors or omissions, privacy issues, etc. and hereby agrees to hold Consolidated Mortgage , its agents and or employees free and harmless therefrom.
We do reserve the right to sell, assign or transfer your loan or the servicing of your loan. The original loan terms** as described in your original closing documents will never change during the life of that particular loan. Transfering or selling the servicing of mortgage loans is very common and does NOT have a negative impact on the borrowers credit. You will receive a Servicing Disclosure Statement after you apply for your loan, in which you will be advised of our intention to hold, sell or transfer your loan based on the loan program for which you have applied. **The original loan terms at your closing (program; interest rate if fixed, or rate adjustments if adjustable rate; term in years; etc.) will NEVER change (during the life of that loan), no matter where you may be required to mail future payments.
Any questions please Email or call Burt Jamison
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