Privacy Policy

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Prospect Lending is committed to maintaining the privacy and security of your personal information. This Privacy Policy outlines our practices regarding the collection, use, and disclosure of personal information we receive from clients, visitors to our website, and other individuals with whom we interact.

1. Information We Collect: 

We may collect the following types of personal information:

• Contact Information: Name, address, email address, phone number. 
• Financial Information: Income, assets, liabilities, credit history, banking details.
• Other Information: Employment information, government-issued identification details, property details, and other relevant data necessary for providing mortgage brokerage services.

2. How We Use Your Information:

We use the information we collect for the following purposes: 

• To assess and process mortgage applications.
• To communicate with you regarding your mortgage application or other related services. 
• To verify your identity and ensure compliance with regulatory requirements.
• To provide customer support and respond to inquiries.
• To improve our services and customize our offerings to better suit your needs.
• To comply with legal and regulatory obligations.

3. Sharing of Information: 

We may share your personal information with:

• Lenders and financial institutions to facilitate the mortgage application process.
• Third-party service providers who assist us in providing services to you (e.g., credit bureaus, appraisers).
• Legal and regulatory authorities where required by law or in connection with legal proceedings. 

4. Security of Your Information: 

We take reasonable measures to protect your personal information from unauthorized access, use, or disclosure. These measures include encryption, secure storage systems, and access controls. 

5. Your Choices: 

You have the right to: 

• Access and update your personal information.
• Opt-out of receiving marketing communications from us.
• Request deletion of your personal information, subject to legal and regulatory requirements. 

6. Links to Third-Party Sites: 

Our website may contain links to third-party websites or services. We are not responsible for the privacy practices or content of these third-party sites. 

7. Children’s Privacy: 

Our services are not directed to individuals under the age of 18. We do not knowingly collect personal information from children. 

8. Changes to This Privacy Policy: 

We may update this Privacy Policy from time to time. We will notify you of any changes by posting the new policy on our website with a revised effective date. 

9. Contact Us: 

If you have any questions about this Privacy Policy or our privacy practices, please contact us at: 

Prospect Lending 

11140 Los Alamitos Blvd, Ste 201

Los Alamitos, CA 90720 

Email Address: info@prospectlendinginc.com 

Phone Number: (562) 444-8448

By using our services or providing us with your personal information, you consent to the collection, use, and disclosure of your information as described in this Privacy Policy. 

Effective as of July 1, 2024