Privacy Policy

Reverse Freedom Privacy Policy

Privacy is of the utmost importance to Reverse Freedom Mortgage. We are committed to protecting the privacy and information of all clients. This policy is made available to share with our clients how we collect, use, and protect your personal information.

Reverse Freedom Mortgage does not share or sell your personal information for any reason. Any information shared with third parties is done with total protection of sensitive information and is only shared for the necessary purpose of processing loans.

What is collected?

Information collected and shared can depend on the products we use to serve you. The types of personal information we may collect include:

• Social Security Number and Credit Score
• Account Balances and Payment History
• Income and Employment Information

Why is your personal information shared?

All financial companies need to share personal information to run their everyday business. Federal law gives consumers the right to limit some but not all sharing. Federal law also requires us to tell you how our company collects, shares, and protects your personal information.

In the section below, we list reasons financial companies can share your personal information, the reasons Reverse Freedom Mortgage chooses to share, and the purpose for sharing this information.

Who is providing this notice?

This notice is provided by Reverse Freedom, LLC, operating as Reverse Freedom Mortgage.

What type of business does Reverse Freedom Mortgage operate?

Reverse Freedom is a reverse mortgage broker and operates to serve clients with lending services related to reverse mortgage products. We are licensed in the State of Utah. NMLS #1382816, Utah DRE License #9441193.

How does Reverse Freedom protect my personal information?

Reverse Freedom utilizes security measures to protect your personal information from unauthorized access and use. The company's security measures comply with federal law. These safeguards include:

• Use of computer security systems and encryption
• Secured data sharing protocols with authorized third parties only
• Maintaining physical information in a secured manner within our corporate office

What information is collected?

Reverse Freedom collects information while performing loan services for clients. Information is collected at various stages of the loan process:

• Client-provided contact information
• Client-provided information to produce a loan proposal and application
• Collection of income, employment, and/or asset information
• Collection of Social Security numbers and other required documentation to process reverse mortgage loans
• Collection of information from third parties such as credit bureaus, title companies, and other affiliates

Why is personal information collected?

Personal information is required to be collected to underwrite reverse mortgage loans that meet FHA guidelines. Additionally, other non-FHA mortgage lenders have specific underwriting guidelines that must be met to secure financing.

Questions?

If you have any questions about this privacy policy or how your information is handled, please contact us: