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Grreater Arizona Mortgage Corporation
NMLS - 164726 : MB0901659
Don Patrick Smith LO-0916115
Don Smith: NMLS - 183750

(480) 331-7794

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Greater Arizona Mortgage Corporation
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Greater Arizona Mortgage Corporation
"Arizona's Best Mortgage Loans to Mortgage Rates"

We provide consumers with the best of Arizona mortgage consulting. As one of the premier Arizona mortgage brokers, Greater Arizona Mortgagel has been originating Arizona mortgage loans for over twenty years in the Phoenix area. We are a full service Arizona mortgage broker . . .


We know how you feel!

Purchasing a home can be a very emotional and stressful experience. That is why it is important for you to work with seasoned professionals with years of experience in mortgage lending. We have over 75 years of combined experience making loans in Arizona! We want to be your Trusted Advisors!
1. Our goal is to educate you, the borrower, with the financial options that are available to you based on your credit and employment history.

2. As your mortgage broker, we will help you decide the affordable size of your mortgage, down payment and monthly payment; determine which type of loan and lender best fits your needs; supply you with a Pre-Qualification Letter that enables you to approach a home seller with confidence; walk you through the loan application process and coordinate the paperwork with your Realtor and with the escrow agent.

3. A mortgage broker is an independent agent that acts as the middle man for both the borrower and the lending institution. A mortgage broker will seek the best lender to fit your individual loan needs, possibly submitting your mortgage application to more than one lender in order to find the right loan for you. The commission for these services is paid by the borrower when the loan closes.

Latest Mortgage Loan News !

The Best Team In Real Estate

Where do you go when you need to buy or sell a home? Do you go to just anyone or do you seek out experts in short sales, foreclosures, and resales? If you believe in finding the best team of professionals around to make your real estate dealings the best they can be then you can stop right now. You have found the best.

The Current Market

Residential real estate interests require special care right now. You may have heard that the market is challenging but there are still buyers buying and sellers selling. Homes are being bought and sold all the time. If you want to be a part of this action and to find the right listings of properties or to sell your own estate then you need to have a team with all the right experience supporting you.

What Real Estate Do We Deal In?

We handle all kinds of real estate. We can help you buy and sell townhomes, condos, and single family homes. We can keep you apprised of new construction and new homes as well as all the other current home listings.

We can direct you to gated communities, golf course communities, and the best schools if you are seeking the ultimate in luxury homes and posh lifestyles. We can guide you to high end, multimillion dollar homes in VA or help you to sell yours. Our extensive experience and unparalleled skill in buying and selling homes puts us above the rest. We can help you find whatever you are looking for whether it is the perfect home or the perfect buyer because we are a real estate team that can handle all your real estate needs.

How We Help You !

Anyone can say they are the best but we back it up with the latest technologies, cutting edge market research, and advanced business strategies. We can assist you to use the FHA, HUD, and MLS to their maximum benefit. We take a one-on-one approach so that we know exactly what your goals are. Then we use out vast skills to achieve those goals. With a strategy built around your desires, you will get what you want, whatever that may be.

BUYERS! ALL the info you could ever want at your fingertips -- FREE! Easily review all listings matching your preferences on your own personalized FREE website! Never miss the newest listings by all agents and still enjoy privacy. This service searches the local MLS constantly, finds the homes that match your criteria and notifies you immediately with the latest listing information! You will receive Pictures, Prices, Addresses, School Districts (and more!) absolutely FREE. It is our service commitment to you in hopes of earning the honor to serve you when you are ready. Simply click the the Scouting Report link below and fill in the requested information

Documents vary from loan to loan,
but generally the following are required

Loan Application

Two years worth of income statements
1. W-2's for last 2 years;
2. 30 days of pay stubs;
3. Financial statements;

Bank statements for all accounts for the last two months

A list of any assets that you own

Rental or mortgage history

Employment history and current information

Personal identification, including Green Card, if applicable;

Purchase contract

Other pertinent items such as:

1. Bankruptcy or,
2. Discharge Notice or,
3. Divorce Decree or,


Where should I start?

It is hard to know where to begin! There are so many options that it can be very confusing to find the right type of loan. You must first ask yourself many questions. Some of these are:

How much can I afford to pay each month?
Do I plan on keeping this house for only a few years or for a long period of time?
Is a small payment a higher priority than paying the loan down quickly?
Am I able to make a down payment?
Over how many years do I want to pay a mortgage?
Am I trying to find a mortgage or refinance an existing mortgage?
The answer to these questions will help you know which loan will be best for you. There are a wide variety of loan options, so it will be useful to know some of the basic tendencies. In general:

The larger the down payment, the better your options are for payment size, interest rate, and length of time to pay back the loan.
A fixed-interest rate will tend to be higher than an adjustable rate.
The longer the term of payback, the smaller the payment.
The smaller your payment, the larger the amount that is going to interest.
The more that you pay to interest, the slower that you are building equity.
It is also useful to understand the essential differences in types of loans. There are really only three basic types of loans:

Fixed Interest Mortgages (FRM)
Adjustable Rate Mortgages (ARM)
a Hybrid ( some combination of the other two)
Loans are also classified as either government loans or conventional loans.

Conventional loans are further broken down into either conforming or non-conforming loans. To qualify as a conforming loan (or an A paper loan), it must fall under the guidelines established by Fannie Mae and Freddie Mac, corporations that have established industry standards and guidelines that govern credit requirements, down payment amounts and maximum loan amounts.

Borrowers that do not meet those requirements, due to flawed credit, can often still obtain what is known as a non-conforming loan (B, C, or D paper loans).

Once you have these general types down, you will still have to look at the individual features of specific loan types to determine which one will best meet your needs.

Your loan options can be limited by poor credit. A credit score is a system of points earned based on your credit history. This three-digit number (raging from 300 to 900) is influenced by such factors, among others, as:

late payments
debt to credit ratio
total debt amount
age of accounts (the older the better)
There are three major credit bureaus (Experian, Equifax and TansUnion) that produce comparable credit scores using some version of FICO, the industry standard developed originally by Fair Isaac and Company. Because this credit score is used by most lenders to determine your qualifications for a loan, you may want to see what you can do to increase your credit score before you apply for a mortgage.

So, the bottom line: Start with your credit score; end with the specific loan type that is most appropriate to your needs.




Don Smith
President -- 602-376-5555 -- NMLS-183750

Scottsdale Branch
9708 E. Kalil Dr.
Scottsdale, Arizona 85260
PH: 480-607-0899
Fax: 480-607-0339

Greater Arizona Mortgage Corporation

We, provide residential mortgage solutions to a broad range of clients and customers. Our services include conventional mortgages, jumbo or nonconforming loans, construction loans, VA and FHA loans, as well as a host of refinancing options and home equity lines of credit. Our goal is to work with customers to find customized mortgage solutions designed to meet the needs of their current and future financial goals. We provide experienced loan officers who can help you determine answers to questions such as choosing between fixed or adjustable rate mortgages, as well as which mortgage program is right for you.

One of our founding goals and primary missions is to provide customers with outstanding customer service throughout the pre-qualifying, closing, and mortgage loan servicing stages. We strive to treat our customers as we would want someone to treat our friends and family members. We work hard to ensure that our customers receive outstanding customer service each and every time they come in contact with anyone from our company. We feel that excellence in customer service is what sets us apart from the plethora of other mortgage companies in the industry today. If customers remember nothing else about us, we want them to remember us as the most helpful and friendly mortgage company they have ever known.

A philosophy of stellar service and a wide variety of flexible mortgage options are not just points to use in our marketing campaigns. We eat, sleep, and breathe the principles by which our company was founded. It is our duty to ensure that those founding principles are honored with each new product or service we provide our customers. After all, without our customers we would have no reason to be in the mortgage or home financing business. As such, our strongest asset is our commitment to our customers.

As a homebuyer, you can choose to go anywhere or to any mortgage company for help in purchasing or refinancing your home. We want to ensure that our mortgage offerings and attention to detail, as well as our reputation for customer service, make us the only mortgage company you ever need or want. Our loan officers and management team combine years of experience in the mortgage industry with a commitment to upholding our business philosophies and dedication to treating each and every customer as if they are the only customer we have. We want each customer to be treated as the unique individual they are.
About Us

With more than 30 years in the mortgage industry, as well as a proven history as a top producer, I am committed to using my experience to help you find the best mortgage option to fit your needs. I am an active member in the community, and a proud member of various professional organizations and builders associations. I will work hard for you so that getting a loan through Greater Arizona Mortgage Corporation is as easy and stress-free as possible. My extensive experience in the mortgage industry will allow me to help you learn about and select from the wide variety of home financing options provided by Greater Arizona Mortgage Corporation.

One of the founding principles of Greater Arizona Mortgage Corporation is a commitment to excellence in customer service. I stand behind that principle and have made it my mission to provide you with an unparalleled level of service throughout the prequalifying and closing phases of the mortgage process. My vast skills and experience will help you close your mortgage on time, under budget, and with the minimum headaches and hassles. I will take the time to walk you through the entire process from start to finish so that you will always know where you stand in the mortgage process.

At Greater Arizona Mortgage Corporation, we have the proven record of accomplishment needed to navigate the sometimes-frustrating process of getting less conventional home mortgages processed through to closing. I am proud to add my experience and expertise to that process. If you find, as we go through the mortgage process together, that you have questions or concerns, I want you to know that I am here to be of any assistance I possibly can. I want to help you find the answers and address the concerns that are making you apprehensive about your mortgage.

Contact me today to start your free prequalification. Experience why we have such a solid reputation for personalized service in the mortgage industry. I know you can choose to go anywhere to get a mortgage. I want you to be confident in choosing us as your mortgage provider. It is my duty to ensure that your loan is handled professionally, courteously, and is closed in a timely manner. Anything I can do to further that goal will be my pleasure to do. Set up an appointment today so that we can work together to fulfill your dreams of home ownership.

National Rates
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Rates are based on National Average and do not constitute a specific mortgage offer. Simple Calculator

Free Debt Repayment Calculator Tool

Total Debt:
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Best program

3/1 ARM, 1 year ARM or 6 month ARM
5/1 ARM
7/1 ARM
10/1 ARM, 30 year fixed or 15 year fixed
30 year fixed or 15 year fixed

Good Things ________
Things to Think About

Fixed Rate Mortgages

30 Year fixed
15 Year fixed

Monthly payments are fixed over the life of the loan
Interest rate does not change
protected if rates go up
can refinance if rates go down

Higher interest rate
Higher mortgage payments
Rate does not drop if interest rates improve
Adjustable Rate Mortgages

10/1 ARM
7/1 ARM
3/1 ARM
1 year ARM
6 month ARM
1 month ARM

Lower initial monthly payment
Lower payment over a shorter period time
Rates and payments may go down if rates improve
May qualify for higher loan amounts

More risk
Payments may change over time
Potential for high payments if rates go up
Balloon Mortgages

7 year
5 year

Lower initial monthly payment
Lower payment over a shorter period of time
Many balloon mortgages offer the option to convert a new loan after the initial term

Risk of rates being higher at the end of the initial fixed period
Risk of foreclosure if you cannot make balloon payment or if you cannot refinance or if you cannot exercise the conversion option
First Time Buyers

Lower Down payment
Easier to qualify
Sometimes you may get lower rates

May be subject to income and property value limitations
Some programs which have government subsidies may have a recapture tax if you sell the house too early
Stated Income Programs

Don't need to verify income
Faster approval

Higher rates
Higher payments
No point, No fee Programs

No closing costs
Less money required to close

Higher rates
Higher payments
Imperfect Credit Programs

Potential for reestablishing credit if you pay your mortgage on time
When used for debt consolidation, you may be able to reduce your monthly debt payment

Higher rates
Terms may not be as favorable
Harder to get long term fixed loans
Loans may have prepayment penalties
Home EquityLine of Credit

You only borrow what you need
Pay interest only on what you borrow
Flexible access to funds
Interest may be tax deductible

Rates can change, max rates are normally high
Payments can change
Harder to refinance your first mortgage
Home Equity Fixed Loan

Fixed payments
Interest may be tax deductible

Higher interest rates than on 1st mortgages
Harder to refinance 1st mortgage

First Time Home Buyer Headquarters!

Important Steps To Buying Your First Home

Purchasing a new home is an important decision, especially so for a first time home buyer who doesn’t have the knowledge and experience in buying real estate. We Provide the first time home buyers' with the critical tools and information so they can determine if home ownership is right for them.

Loan Application

Buying a home is a process and essentially involves important steps:
1. Deciding to Buy
2. Organizing Paperwork
3. Shopping for a Home
4. Preparing an Offer
5. Securing a Mortgage
6. Closing on your new home!

What are my options?

if I have no down payment, or only a small down payment?

Some loans will do 100% financing. Another similar loan option is called a piggy-back loan, where you get approved for the first and second mortgage at the same time. FHA loans require only 3% down. No matter which of these types of loans you obtain, the payment will be larger, your interest rate will probably be higher, and you will be required to buy private mortgage insurance (PMI).

What is private mortgage insurance (PMI)? Do I have to pay it?

Private mortgage insurance is required if you owe more than 80% on your house. This insurance protects the lender if you cannot make your payments. When you default on the loan, the insurance company pays the debt. The cost is added onto your loan, and will be approximately an additional one half percent.
What kinds of government loans are available to buyers?

HUD (US Department of Housing and Urban Development) is committed to increasing home ownership for minorities and low-income Americans. It oversees the FHA (Federal Housing Commission, offering a variety of programs, including 203(K) loans to purchase a home that needs fixing up, financing for FHA-insured homes that have been acquired through foreclosure, and other FHA-insured loans. HUD has many programs to help in housing needs.

FHA loans (offered by the Federal Housing Commission) are the most popular. They don't actually make the loan; they guarantee loans requiring only a 3% down payment, and they do not have as strict credit policies as many conventional loans.

VA (Veteran's Administration) loans are really guarantees for loans obtained by certain qualified veterans or other qualifying home buyers or refinancers such as unmarried surviving spouses.
What is the difference between a fixed rate mortgage (FRM) and an adjustable rate mortgage (ARM)?

A fixed rate mortgage has a set interest rate for the life of the loan. An adjustable rate mortgage has a specified adjusting period where the rate can be adjusted along with the payment.
What is included in closing costs?

Closing costs will be about 3%-6% of your mortgage loan and commonly include:

Generally paid with application:

Application Fee: a generally non-refundable fee to process the loan information
Appraisal Fee: fee for an independent appraisal of the house (required by the lender) to establish market value to factor into the determination of the loan amount
Credit Report Fee: a fee for the lender to obtain your credit report from one of the three recognized credit reporting bureaus (Equifax, TransUnion, and Experian). This report gives your credit history and a credit score which is used to determine qualifications and loan limits.
Generally paid at closing:

Survey Fee: (may be required) a survey to verify property boundaries
Flood Certification Fee: (may be required) a minimal fee to verify that the property is not in a flood zone
Title Search Fee: a fee to obtain a history of the property to establish if there are any legal claims on the property
Title Insurance: a lender's title insurance policy is required to protect the lender in getting the balance of the loan repaid; an owner's title insurance is also optional, protecting the buyer's investment
Attorney Costs: paid for review of all documents needed to close your loan
Recording and transfer charges: a small fee to record the purchase of your home
Origination points: a percentage-of-the-loan amount charged as a fee for the lender's preparation of the loan
Discount points: an optional percentage-of-the-loan amount paid to obtain a lower interest rate
Escrow Accounts: (generally required) escrows for future fees that will be due related to the house, such as: Private Mortgage Insurance (required for loans financed at over 80% of value), Homeowner's Insurance (often called "Hazard" or "Fire Insurance"), property taxes, and sometimes, interest.
Is there any way to speed up the loan approval process?

Becoming either pre-qualified (a preliminary analysis of your debt-to-income ratio), pre-approved (NOT a loan guarantee-but analysis of credit report and income and a correlating maximum loan amount and interest options), or obtaining a loan commitment (guaranteed under pre-set conditions) will help speed up the loan process. Pre-qualifications indicate that you are a more solid buyer. However, only a loan commitment is a guarantee that you will get the loan.
Another way to help speed up the loan approval process is to get your paperwork ready in advance.
Check your credit score and clean up any old items. Have explanations for any remaining questions on your credit report.
Gather any needed documentation such as personal identification, income verification and tax returns, employment history, and insurance commitments.
And, most important, when the loan officer asks for any information, always respond promptly.
What is the difference between a mortgage broker, a lender, and a loan officer?

A mortgage broker covers a broad basis, linking buyers with appropriate lenders, counseling borrowers, and even processing loans.

A lender is the institution or agency that will actually loan the money.

A loan officer is an employee of either a lender or a mortgage broker, generally finding borrowers, counseling, taking applications, and often, being involved in the loan processing.

What documents will be required to close a loan?

Documents required vary from loan to loan, but generally the following are required, often for up to two years back:

statements of income such as W-2's, pay stubs, financial statements
bank statements
a list of any assets that you own
rental or mortgage history
employment history and current information
personal identification, including Green Card if applicable
purchase contract
Other pertinent items such as: Bankruptcy Discharge Notice or Divorce Decree
loan application
Is it more expensive to rent or to own?

Owning a home is often considered the better deal, but keep these considerations in mind:

many home buyers do not build any equity in the first few years-the bank takes it all in interest-and many move before they begin building equity
purchasers costs often increase due to mortgage interest adjustments, payment adjustments, increased property taxes, insurance premium increases, and maintenance costs
the tax break for owning a home only kicks in if the deductible expenses (such as interest) are higher than the standard deduction
there are other reasons that may make renting a better option:
Many maintenance and repair costs belong to landlord
Easier relocation for job opportunities without having the cost and hassle of reselling your home
Often, more convenient access to transportation, employment, retail entertainment, and other common facilities
Why do I need to check my credit prior to buying a house?

The lender will obtain a credit report. If you look at it prior to a loan application, you have a chance to clean up detrimental items before you have to explain them to the lender. Also, if your score is low, you can do specific things to increase your score such as paying down debt, increasing cash in the bank, and making payments consistently on time, over a period of time.

What is the difference between conforming and non-conforming loans?

Conforming loans are mortgage loans that meet specific, uniform national standards (most commonly referred to as Fannie Mae and Freddie Mac requirements) that deal with document specs, debt-to-income ratio limits, maximum loan amounts, and interest rates.

Non-conforming loans are loans that do not meet banking qualifications generally due to borrower's financial status or property that does not meet required criteria. These types of loans are funded by private money and usually have a much higher interest rate than conforming loans. Loans that exceed Fannie Mae limits are called "Jumbo" loans.

Where do the names Fannie Mae and Freddie Mac (loan regulating entities) originate?

The Fannie Mae entity was created in 1938 under President Franklin D. Roosevelt to help the home buying economy which was floundering at that time. In 1968, Freddie Mac was chartered to provide competition. These are not government funded entities, only government sponsored, with the idea of creating national standards and guidelines to ensure a long-term healthy housing market.

They operate by borrowing foreign, low-interest money that, in turn, allows them to provide local banks with money to offer affordable housing loans. Together these two entities control about 90% of the secondary mortgage market.

They were dubbed these names from the acronyms of their respective government sponsored entities:

Federal National Mortgage Association (FNMA): Fannie Mae
Federal Home Loan Mortgage Corporation (FHLMC): Freddie Mac
What are points?

Points are a fee that is expressed as a percentage of the loan amount: one point is 1% of the loan amount.

Origination points are charged as a fee for some of the costs of the loan processing.

Discount points are basically a prepaid interest, or a fee to reduce the interest rate, known as a rate "buy down."

Glossary of Terms

Adjustable Rate Mortgage A mortgage loan were the interest rate adjusts periodically based on the changes of a specified index such as the one-year Treasury Bill or the LIBOR.

Amortization The calculation of the amount of the installment payment it takes to pay off the obligation at the end of a fixed period of time.

Annual Percentage Rate (APR) The total cost of a mortgage stated as a yearly rate. It is typically higher than the note rate because it includes the base interest rate plus specific closing costs.

Appraisal A professional report that estimates the market value of a property.

Assessed Value The value a tax authority places on real property for the purpose of assessing yearly property taxes.

Balloon Mortgage A mortgage that is amortized over a stated period but provides for a lump-sum payment due at an earlier period, e.g. 30-year due in 15, where the payments are based on 30-year repayment but the loan is due paid in full in 15 years.

Cap Limits how much the interest rate on an adjustable rate mortgage (ARM) can increase or decrease.

Cash to Close Liquid assets available to be used to pay the closing costs involved with a mortgage transaction.

Collateral Property pledged as security for a loan, such as property pledged as security for a mortgage.

Conventional Mortgage A mortgage not obtained under a government-insured program.

Deed A legal document that is recorded in the county conveying title to a property.

Deed of Trust The legal document that pledges the property for the security of a mortgage loan.

Default Failure to make mortgage payments in a timely manner or to comply with other requirements outlined in the note.

Earnest Money Agreement (Sales Contract) The written agreement between the buyer and seller of a property, which stipulates the amount of the purchase, closing date and any repairs or other conditions that must be met before the transaction (purchase) is completed.

Easement A right of way given to persons other than the owner for access to or over their property.

Equity The portion of a property's value over and above the amount owed against it.

Escrow A disinterested third party that handles legal documents and funds on behalf of the seller and buyer.

First Mortgage A real estate loan that has priority over any other subsequently recorded mortgages.

Fixed Interest Rates An interest rate which does not change during the term of the loan.

Foreclosure A legal procedure in which the mortgage loan is in default and the property taken from the borrower and sold by the lender to pay off the loan against the property.

Gift Letter A written letter signed by the individual giving funds for the purpose of buying a home which states there is no obligation to repay the sum of money being given.

Gross Monthly Income Total monthly income earned before taxes or other deductions.

Hazard Insurance Also referred to as homeowners or fire insurance; coverage for physical damage to a property from fire, wind, vandalism or other hazards.

Home Equity Line of Credit (HELOC) Also referred to as a revolving line of credit; usually a second mortgage, which allows the borrower to obtain multiple advances up to a specific credit limit.

Index Generally a published number or percentage, such as the yield on the One-Year Treasury Bill, which is used to compute the interest rate for an adjustable rate mortgage.

Jumbo Loan A loan that exceeds the Fannie Mae legislated mortgage amount, which is currently $333,700. Jumbos are also called non-conforming loans.

Legal Description Describes the location of the property which has been recorded at the county.

Lien A legal claim or attachment against property as security for a loan.

Loan-To-Value Ratio The ratio between the amount of any mortgages against a property divided by the sales price or appraised value.

Monthly Payment Usually the amount of principal, interest, taxes and insurance paid each month on a mortgage loan.

Mortgage The conveyance of an interest in real property given as security for the repayment of a loan.

Origination Fee A fee paid to the lender for processing a loan application. The origination fee is stated in the form of points. One point equals one percent of the mortgage amount.

PITI Reserves A cash amount a borrower must have left over after making a down payment and paying the closing costs for the purchase of a home.

Private Mortgage Insurance (PMI) Insurance written by a private company to protect the lender against loss resulting from nonpayment or default.

Purchase Contract (Earnest Money Agreement/Offer) A written agreement between a buyer and seller of real property, setting forth the price and terms of the sale, also known as a sales contract.

Qualifying Ratios Calculations that are used in determining whether a borrower can qualify for a mortgage. The two calculations are housing expense divided by gross income, and the total debt including other monthly debt payments divided by gross income.

Rate Lock A commitment issued by a lender to a borrower guaranteeing a specific interest rate for a specific period of time.

Title Insurance Provides insurance that public records have been examined to insure that there are no liens or other claims against the property.

Truth in Lending Act A federal law that requires lenders to fully disclose the terms and conditions of a mortgage including the Annual Percentage Rate (APR) and other charges.

Underwriting The process of evaluating a loan application to determine credit worthiness and risk involved for the lender.

VA Loan A loan that is guaranteed by the U.S. Department of Veterans Affairs, also known as a government loan.

Privacy Policy Disclosure
(Protection of the Privacy of Personal Non-Public information)
Respecting and protecting customer privacy is vital to us. By explaining our privacy policy to you, we trust that you will better understand how we keep our customer information private and secure while using it to serve you better. Keeping customer information secure is a top priority, and we are disclosing our polices to help you understand how we handle the personal information about you that we collect and disclose. This notice explains how you can limit our disclosing of information about you.
The Privacy Policy explains the following:
Protecting the confidentiality of our customer information
Who is covered by our Privacy Policy
How we gather information
The types of information we share, why and with whom
Opting Out- how to instruct us not to share certain information about you or not to contact you
Protecting the Confidentiality of Customer Information
We take our responsibility to protect the privacy and confidentiality of customer information very seriously. We maintain physical, electronic and procedural safeguards that comply with federal standards to store and secure information about you from unauthorized access, alteration and destruction. Our control policies, for example, authorize access to customer information only by individuals who need access to do their work.
From time to time, we enter into agreements with other companies to provide services to us or make products and services available to you. Under these agreements, the companies may receive information about you, but they must safeguard this information and they may not use it for any other purposes.
Who is covered by the Privacy Policy
We provide our Privacy Policy to customers when they conduct business with our company. If we change our privacy policies to permit us to share additional information we have about you, as described below, or to permit disclosures to additional types of parties, you will be notified in advance. This Privacy Policy applies to consumers who are current customers or former customers.
How we gather information
As part of providing you with financial products or services, we may obtain information about you from the following sources:
Applications, forms, and other information that you provide us, whether in writing, in person, by telephone, electronically, or by any other means.This information may include your name, address, employment information, income, and credit references;
Your transaction with us, our affiliates, or others. This information may include your account balances, payment history and account usage,
Consumer reporting agencies. This information may include account information and information about your credit worthiness;
Public sources. This information may include real estate records, employment records, telephone numbers, etc.
Information We Share
We may disclose information we have about you as permitted by law. We are required to or we may provide information about you to third-parties without your consent, as permitted by law, such as:
To regulatory authorities and law enforcement officials.
To protect against or prevent actual fraud, unauthorized transactions, claims, or other liability.
To report account activity to credit bureaus
To consumer reporting agencies
To respond to a subpoena or court order, judicial process or regulatory authorities
In connection with a proposed or actual sale, merger or transfer of all or a portion of a business operating unit, etc.
In addition, we may provide information about you to our service providers to help us process your application or service your accounts. Our service providers may include billing service providers, mail and telephone service companies, lenders, investors, title and escrow companies, appraisals, etc.
We also may provide information about you to our service providers to help us perform marketing services. This information provided to these service providers may include the categories of information described above under "How we gather information" limited to only that which we deem appropriate for these service providers to carry out their functions.
We do not provide non-public information about you to any company whose products and services are being marketed unless you authorize us to do so. These companies are not allowed to use your information for purposes beyond your specific authorization.
Opting Out
We also may share information about you within our corporate family of offices. We may share all of the categories of information we gather about you, including identification information (such as your name and address), credit reports, (such as your credit history), application information (such as your income or credit references), your account transactions and experiences with us (such as your payment history), and information from other third parties (such as your employment history)
By sharing this information we can better understand your financial needs. We can then send you notification of new products and special promotional offers that you may not otherwise know about. For example, if you originally obtained a mortgage loan with us, we know you are a homeowner and may be interested in hearing how a home equity line of credit may be a better option than an auto loan to finance the purchase of a new car. You may prohibit the sharing of application and third-party credit related information within our company or any third-party company at anytime. If you would like to limit disclosures of personal information about you as described in this notice, please print this page, check the appropriate box or boxes to indicate your privacy choices, and mail or fax to us at the address or fax number listed under the "Contact Us" tab.
O Please do not share personal information about me with non-affiliated third-parties
O Please do not share personal information about me with any of your affiliates except as necessary to effect, administer, process, service or enforce a transaction requested or authorized by myself
O Please do contact me with offers or products or services by telephone
Site Security
Secure Sockets Layer (SSL) technology protects this Web site and makes it easy for you to trust us in three essential ways:
An SSL Certificate enables encryption of sensitive information during your online transactions.
Our SSL Certificate contains unique, authenticated information about our company.
A Certificate Authority verifies our identity when the SSL Certificate is issued.
How Encryption Works
Imagine sending mail through the postal system in a clear envelope. Anyone with access to it can see the data. If it looks valuable, they might take it or change it. An SSL Certificate establishes a private communication channel enabling encryption of the data during transmission. Encryption scrambles the data, essentially creating an envelope for message privacy. Each SSL Certificate consists of a public key and a private key. The public key is used to encrypt information and the private key is used to decipher it. When a Web browser points to a secured domain, a Secure Sockets Layer handshake authenticates the server (Web site) and the client (Web browser). An encryption method is established with a unique session key and secure transmission can begin. True 128-bit SSL Certificates enable every site visitor to experience the strongest SSL encryption available to them.
How Authentication Works
Imagine receiving an envelope with no return address and a form asking for your bank account number. Every SSL Certificate is created for a particular server in a specific domain for a verified business entity. When the SSL handshake occurs, the browser requires authentication information from the server. By clicking the closed padlock in the browser window or certain SSL trust marks (such as the VeriSign Secured? Seal), the Web site visitor sees the authenticated organization name. In high-security browsers, the authenticated organization name is prominently displayed and the address bar turns green when an Extended Validation SSL Certificate is detected. If the information does not match or the certificate has expired, the browser displays an error message or warning.