This policy was last updated on October 11, 2005

ExplainingMortgages.com has created this privacy statement in order to demonstrate our strong commitment to privacy. ExplainingMortgages.com is deeply committed to respecting and protecting your right to privacy and takes your privacy seriously. ExplainingMortgages.com has very strict privacy policies and we strive to keep your personal and financial information secure. To that end, we have prepared this privacy policy to disclose and describe our information gathering and dissemination practices for this website.

Collection of your Personal Information

You can visit most pages on our site without giving us any information about yourself. But sometimes we do need information to provide services that you request, and this privacy policy explains data collection and use in those situations. Please read the complete ExplainingMortgages.com privacy policy below.

This privacy policy covers our treatment of personally identifiable information that we collect when you are on our site, and when you use our services.
We pledge to hold all information you provide to us in absolute privacy.
We will NEVER sell or rent your name or personal information to any third party without your express permission.
Only authorized members of staff and participating mortgage loan brokers/lenders expressing interest in your project basing on your loan specification/comment/question may access your information.
All members of staff are required to adhere to our strict privacy policies and any employee who violates the privacy policy is subject to termination and other disciplinary measures, up to being criminally prosecuted for their violation.

Use of Your Personal Information

If you decide to subscribe to our newsletters or other services, you may receive a short series of orientation emails from ExplainingMortgages.com. From time to time, subscribers may receive notification of new services, changes to policies or price adjustments. We will not send you other email at the address you provide, except for infrequent communications to resolve issues that may arise with your own ExplainingMortgages.com account. More routine announcements are made in the ExplainingMortgages.com Newsletter, rather than via email.

Our site may use cookies to save your username and password if you become a subscriber. This means you don't have to re-enter these items each time you visit our site. You can always delete this cookie from your computer.

Additionally, we may use session variables to aid in the development of various features on the site. These session variables disappear after 20 minutes or when the user exits a browser. Thus, this information is not stored for any reason other than as indicated.

The user's contact information is also used to send a newsletter if you are a member or subscribe to the newsletter. Special offers are sometimes sent to subscribers as well on behalf of third parties. But these third parties do not have access to your information since we alone send out the emails. However, all recipients of the newsletter may opt-out of receiving future newsletters or offers when so desired, and are given opportunity to opt-out of these emails at any time - at the bottom of each newsletter or by using the Contact Form link on the bottom navigation bars on the site.

We may also use personal information in a manner that does not identify you specifically nor allow you to be contacted but does identify certain criteria about our users in general. For example, we may inform third parties about the number of registered users, number of unique visitors, and the pages most frequently browsed.

Aside from these uses of user information - and we have no knowledge of this information except at an anonymous level - we do not sell, nor plan to sell any user information to anyone.

Protection of Children's Personal Information

ExplainingMortgagess.com is a general audience site and does not knowingly collect any personal information from children. While our website may be viewed by children, we do not wish to receive data from children. ExplainingMortgages.com encourages parents and guardians to spend time online with their children and to participate in the interactive activities offered on the sites their children visit. No information should be submitted to, or posted at, the ExplainingMortgages.com web site by visitors under 18 years of age without the consent of their parent or guardian.

Links to Third Party Sites

This website contains links to other web sites that are not controlled by ExplainingMortgages.com, ("Third Party Sites"). Please be aware that we are not responsible for the privacy practices of such other sites. We encourage our users to be aware when they leave our site and to read the privacy statements of each and every website that collects personally identifiable information. The ExplainingMortgages.com Privacy Policy applies solely to information collected by this website.

Changes to this Privacy Policy

ExplainingMortgages.com will occasionally update this privacy policy. When we do, we will also revise the "last updated" date at the top of the privacy policy. For material changes to this statement, ExplainingMortgages.com will notify our users by placing prominent notice on the site.

Enforcement of this Privacy Policy and Contact Information

ExplainingMortgages.com, welcomes your comments regarding our privacy policy. IF FOR ANY REASON YOU BELIEVE THAT YOUR PRIVACY HAS BEEN BREACHED THROUGH THE USE OF OUR SITE, YOU MAY CONTACT US IMMEDIATELY BY E-MAIL, AND WE WILL DO OUR BEST TO PROMPTLY DETERMINE AND CORRECT THE PROBLEM.

Special Notification for California Residents

Individual customers who reside in California and have provided their personal information may request information regarding disclosures of this information to third parties for direct marketing purposes. Such requests must be submitted to us at the following mailing address: CA Privacy Request, ATTN: GDM/Loan Savings Solutions, 16192 Coastal Highway, Lewes, DE 19958
This request may be made no more than once per calendar year. We reserve our right not to respond to requests submitted other than to the address specified in this paragraph.