What Does Catalyst Mortgage 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 required 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:
- Your Name
- Your Social Security Number
- Date of Birth
- Your Address
- Your Income
- Credit History and Credit Scores
- Mortgage Rates and Payments
- Employment Information
When you are no longer our customer, we continue to share your information as described in this notice.
How?
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 Catalyst Mortgage chooses to share; and whether you can limit this sharing.
| Reasons we can share your personal information | Does Catalyst Morgage 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 |
Yes | No |
| For joint marketing with other financial companies | No | We don’t share |
| For our affiliates’ everyday business purposes information about your transactions and experiences |
No | We don’t share |
| For our affiliates’ everyday business purposes information about your creditworthiness |
No | We don’t share |
| For our affiliates to market to you | No | We don’t share |
| For nonafilliates to market to you | No | We don’t share |
How does Catalyst Mortgage 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.
We restrict access to your information to those who have a legitimate business purpose, and we train employees on data security and confidentiality.
How does Catalyst Mortgage collect my personal information?
We collect your personal information, for example, when you
- apply for a loan
- give us your income information or give us your contact information
- provide employment information and/or employment history
- show your government issued-ID and/or Driver’s License
We also collect your personal information from other companies, such as credit bureaus, during the loan application process.
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 you
- sharing for non-affiliates 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
- Our affiliates include nonfinancial companies such as Tri-Star Home Realty, Catalyst Global Insurance Services, Ignite Capital Holdings LLC.
Nonaffiliates – Companies not related by common ownership or control. They can be financial and nonfinancial companies.
- Catalyst Mortgage does ot 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.
- Catalyst Mortgage does not jointly market.
If you have any questions regarding our privacy policy, call 916-283-9922.