The security of the information we collect and that you provide, including your personally identifiable information, is important to us, and so we take commercially reasonable steps to maintain the security of that information. In general, we will limit the sharing of your personally identifiable information or company or organization information with third parties (e.g., disclosures subject to confidentiality agreements) and within Craft3 to business-related purposes. Such business-related purposes include, without limitation, Craft3 activities such as evaluating, underwriting, and, if approved, servicing your loan, reporting to credit bureaus, managing credits or accounts, marketing, offering, providing products and services to you, performing regulatory/oversight functions, and communicating with you. Craft3 also uses a firewall and network security methods and policies to protect against unauthorized access to electronic files. Our practice is to maintain working papers and other sensitive documents that may contain personally identifiable information or non-public information about your organization in secure files or to shred such materials.
Please be aware that we may be required by applicable law, subpoena, court order or other legal process (including rendering assistance to government enforcement agencies) to disclose, retain for some period, or, under limited circumstances, treat the personally identifiable information and/or company or organization information that you submit to us in a manner that is different from or supplements that described above. It is our policy to comply with any such requirements or good-faith belief that such requirement exists, and you agree we shall have no liability for any such disclosure, retention, or treatment.
If Craft3 does make a loan, it may reserve the right to sell that loan to another financial institution or organization. Under such circumstances, if your loan is to be sold, we also reserve the right to disclose and/or transfer your personally identifiable and company information on a confidential basis to a third party in connection with such sale.
Furthermore, please remember that no method of transmission over the Internet or method of electronic storage is perfect or 100% secure. Therefore, we cannot and do not guarantee or warrant the absolute security of the information you provide to us.
Revised May 7, 2018
Craft3 is an equal opportunity lender and employer.
NMLS ID 390159 Click to view NMLS Consumer Access
The completion of an application does not guarantee loan approval or receipt of loan funds.
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