Effective Date: January 1, 2025
1. Introduction
YMG Financial, Inc. ("we," "our," or "us") is committed to protecting your privacy. This Privacy Policy explains how we collect, use, disclose, and safeguard your personal information when you visit our website (www.ymg.financial), apply for mortgage services, or communicate with us. By using our services, you agree to the terms outlined in this policy.
2. Information We Collect
We collect the following categories of personal information:
A. Personal Identifiable Information (PII)
- Full name
- Email address
- Phone number
- Mailing address
B. Financial & Mortgage-Related Information
- Employment details
- Income verification
- Bank statements & tax documents
- Credit score & credit history
- Social Security number (for loan application processing)
C. Technical & Usage Data
- IP address
- Browser type and device information
- Cookies & tracking technology data
D. Communication Data
- Information you provide via emails, forms, SMS, or customer service inquiries
- Call recordings (for quality and compliance purposes)
3. How We Use Your InformationWe use your information for the following purposes:
- Mortgage Processing: Assessing your loan eligibility and processing your application.
- Communication: Sending mortgage-related updates, loan status notifications, and important alerts.
- Marketing & Promotions: Informing you about mortgage rate changes, investment opportunities, and financial strategies.
- Compliance & Security: Ensuring adherence to federal, state, and industry regulations.
4. Sharing of Your InformationWe do not sell or rent your data. However, we may share it with:
- Lenders, banks, and credit bureaus for loan applications.
- Third-party service providers for document verification, underwriting, and mortgage-related services.
- Legal and regulatory bodies if required by law.
5. Your Privacy Rights
- Opt-Out: You can opt out of marketing emails at any time.
- Access & Correction: Request access to or correction of your personal data.
- Data Deletion: You may request the deletion of your data unless required for compliance.
