Privacy Policy

US Mortgage Corporation Privacy Policy – updated: 10/21/2022

Welcome to https://usmortgage.com (the “Site”). We understand that privacy online is important to users of our Site, especially when conducting business. This statement governs our privacy policies with respect to those users of the Site (“Visitors”) who visit without transacting business and Visitors who register to transact business on the Site and make use of the various services offered by
US Mortgage Corporation (collectively, “Services”) (“Authorized Customers”).

refers to any information that identifies or can be used to identify, contact, or locate the person to whom such information pertains, including, but not limited to, name, address, phone number, fax number, email address, financial profiles, social security number, and credit card information. Personally Identifiable Information does not include information that is collected anonymously (that is, without identification of the individual user) or demographic information not connected to an identified individual.

We may collect basic user profile information from all of our Visitors. We collect the following additional information from our Authorized Customers: the name, email address, phone number and any miscellaneous info user’s submit.  If a user selects “Agree” to our consent form than a US Mortgage Corporation employee will follow up with that user.

In addition to our direct collection of information, our third party service vendors (such as credit card companies, clearinghouses and banks) who may provide such services as credit, insurance, and escrow services may collect this information from our Visitors and Authorized Customers. No mobile information will be shared with third parties/affiliates for marketing/promotional purposes. All the above categories exclude text messaging originator opt in data and consent; this information will not be shared with any third parties.

We use Personally Identifiable Information to customize the Site, to make appropriate service offerings, and to fulfill buying and selling requests on the Site. We may email Visitors and Authorized Customers about research or purchase and selling opportunities on the Site or information related to the subject matter of the Site. We may also use Personally Identifiable Information to contact Visitors and Authorized Customers in response to specific inquiries, or to provide requested information.

Personally Identifiable Information about Authorized Customers may be shared with other Authorized Customers who wish to evaluate potential transactions with other Authorized Customers. We may share aggregated information about our Visitors, including the demographics of our Visitors and Authorized Customers, with our affiliated agencies and third party vendors. We also offer the opportunity to “opt out” of receiving information or being contacted by us or by any agency acting on our behalf.

Personally Identifiable Information collected by US Mortgage Corporation is securely stored and is not accessible to third parties or employees of US Mortgage Corporation except for use as indicated above.

Visitors and Authorized Customers may opt out of receiving unsolicited information from or being contacted by us and/or our vendors and affiliated agencies by responding to emails as instructed, or by contacting us at info@usmortgage.com or by clicking on an “opt-out” link.

A cookie is a string of information that a website stores on a visitor’s computer, and that the visitor’s browser provides to the website each time the visitor returns.

We use “cookies” to collect information. You can instruct your browser to refuse all cookies or to indicate when a cookie is being sent. However, if you do not accept cookies, you may not be able to use some portions of our Service.

Cookies are used for a variety of reasons. We use Cookies to obtain information about the preferences of our Visitors and the services they select. We also use Cookies for security purposes to protect our Authorized Customers. For example, if an Authorized Customer is logged on and the site is unused for more than 10 minutes, we will automatically log the Authorized Customer off. Visitors who do not wish to have cookies placed on their computers should set their browsers to refuse cookies before using https://usmortgage.com , with the drawback that certain features of website may not function properly without the aid of cookies.

Our service providers use cookies and those cookies may be stored on your computer when you visit our website. You can find more details about which cookies are used in our cookies info page.

US Mortgage Corporation uses login information, including, but not limited to, IP addresses, ISPs, and browser types, browser version, pages visited, date and time of visit, to analyze trends, administer the Site, track a user’s movement and use, and gather broad demographic information.

US Mortgage Corporation has entered into and will continue to enter into partnerships and other affiliations with a number of vendors. Such vendors may have access to certain Personally Identifiable Information on a need to know basis for evaluating Authorized Customers for service eligibility. Our privacy policy does not cover their collection or use of this information.

All of our employees are familiar with our security policy and practices. The Personally Identifiable Information of our Visitors and Authorized Customers is only accessible to a limited number of qualified employees who are given a password in order to gain access to the information. We audit our security systems and processes on a regular basis. Sensitive information, such as credit card numbers or social security numbers, is protected by encryption protocols, in place to protect information sent over the Internet. While we take commercially reasonable measures to maintain a secure site, electronic communications and databases are subject to errors, tampering, and break-ins, and we cannot guarantee or warrant that such events will not take place and we will not be liable to Visitors or Authorized Customers for any such occurrences.

Visitors and Authorized Customers may contact us to update Personally Identifiable Information about them or to correct any inaccuracies by emailing us at info@usmortgage.com .

We provide Visitors and Authorized Customers with a mechanism to delete/deactivate Personally Identifiable Information from the Site’s database by contacting info@usmortgage.com. However, because of backups and records of deletions, it may be impossible to delete a Visitor’s entry without retaining some residual information. An individual who requests to have Personally Identifiable Information deactivated will have this information functionally deleted, and we will not sell, transfer, or use Personally Identifiable Information relating to that individual in any way moving forward.

These are summarized rights that you have under data protection law

• The right to access
• The right to rectification
• The right to erasure
• The right to restrict processing
• The right to object to processing
• The right to data portability
• The right to complain to a supervisory authority
• The right to withdraw consent

Our Service does not address “Children”, anyone under the age of 18 years , and we do not knowingly collect personally identifiable information from children under 18 years.

If you are a parent or guardian and you are aware that your child has provided us with Personal Information, please get in touch with us immediately in the contact details provided. If we come to know that children below 18 years have provided personal information, we will delete the information from our servers immediately.

Disclosure of Personally Identifiable Information to comply with the law. We will disclose Personally Identifiable Information in order to comply with a court order or subpoena or a request from a law enforcement agency to release information. We will also disclose Personally Identifiable Information when reasonably necessary to protect the safety of our Visitors and Authorized Customers.

We will let our Visitors and Authorized Customers know about changes to our privacy policy by posting such changes on the Site. However, if we are changing our privacy policy in a manner that might cause disclosure of Personally Identifiable Information that a Visitor or Authorized Customer has previously requested not be disclosed, we will contact such Visitor or Authorized Customer to allow such Visitor or Authorized Customer to prevent such disclosure.

https://usmortgage.com contains links to other websites. Please note that when you click on one of these links, you are moving to another website. We encourage you to read the privacy statements of these linked sites as their privacy policies may differ from ours.

If you have any questions about this Privacy Policy, please contact us at info@usmortgage.com

US Mortgage Corporation (NMLS 3901).  Corporate Office is located at 201 Old Country Road, Suite 140, Melville, NY 11747; 631-580-2600 or (800) 562-6715 (LOANS15).

STATE DISCLOSURES

Alabama (Consumer Credit License#20840- Alabama State Banking Department ), Conducting business as US Mortgage Corporation SE

Alaska (Alaska Mortgage Broker/Lender License # AK3901- Alaska Department of Commerce, Community & Economic Development: Division of Banking & Securities)

Arizona Arizona Mortgage Banker License-Arizona Department of Financial Institutions  Lic. No. 0939223

Arkansas (Combination Mortgage Banker-Broker-Servicer License #102603-Arkansas Securities Department), Conducting business as US Mortgage Corporation South

California (California – DFPI Residential Mortgage Lending Act License#4131003 – Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act. California Department of Financial Protection and Innovation )

Colorado (Colorado Mortgage Company Registration – Colorado Division of Real Estate

Connecticut (Connecticut Mortgage Lender License # 15471- Connecticut Department of Banking), Conducting business as US Mortgage Corporation NE

Delaware (Delaware Lender License# 011425- Delaware Office of the State Bank Commissioner )

District of Columbia (District of Columbia Mortgage Dual Authority License # MLB3901 –DC Dept. of Insurance, Securities and Banking Bureau,)

Florida (Florida Mortgage Lender License #MLD392- Florida Office of Financial Regulation), Conducting business as US Mortgage Corporation SE

Georgia (Georgia Mortgage Lender License/Registration #23769. Georgia Department of Banking and Finance)

Idaho (Idaho Mortgage Broker/Lender License #MBL-7864 – Idaho Department of Finance)

Illinois (Illinois Residential Mortgage License # MD.6760906 –Illinois Department of Financial & Professional Regulation)

Indiana (Indiana-DFI Mortgage Lending License, Indiana Department of Financial Institutions Lic. No. 18220)

Iowa (Iowa Mortgage Banker License #2012-0067- Iowa Division of Banking )

Kansas (Kansas Mortgage Company License #MC.0025044 –  Kansas Office of the State Bank Commissioner)

Kentucky (Kentucky Mortgage Company License # MC90776 under the Kentucky Department of Financial Institutions.)

Louisiana (LA Residential Mortgage Lending License- Louisiana Office of Financial Institutions)

Maine (Maine Supervised Lender License- Maine Bureau of Consumer Credit Protection, Lic. No. SLM12449)

Maryland (Maryland Mortgage Lender License– Maryland Commissioner of Financial Regulation, Lic. No. 13585)

Massachusetts (Massachusetts Mortgage Lender License & Massachusetts Mortgage Broker License-  Massachusetts Division of Banks  both under License# MC3901), Conducting business as US Mortgage Group

Michigan (Michigan 1st Mortgage Broker/Lender License- Michigan Department of Insurance and Financial Services, Lic. No. FL0018127)

Minnesota (Minnesota Residential Mortgage Originator License # MN-MO-3901-Minnesota Department of Commerce)

Mississippi (Mississippi Mortgage Lender License # 3901 by the Mississippi Department of Banking and Consumer Finance)

Missouri – (Missouri Mortgage Company License #3901) Missouri Division of Finance – conducting business as US Mortgage Corporation MW

Montana (Montana Mortgage Lender License & Montana Mortgage Broker License- Montana Division of Banking & Financial Institutions, Lic. No. 3901)

Nebraska (Nebraska Mortgage Banker License # NE3901-Nebraska Department of Banking and Finance. ), Conducting business as US Mortgage Corporation MW

New Hampshire (New Hampshire Mortgage Banker License-Licensed by the  New Hampshire Banking Department, Lic. No. 17457-MB

New Jersey (New Jersey Residential Mortgage Lender License-Licensed by the New Jersey Department of Banking and Insurance, Lic. No. 0755773.)

New Mexico (New Mexico Mortgage Loan Company License-New York Department of Financial Services), Conducting business as US Mortgage Corporation SW

New York (New York Mortgage Banker License & New York Exempt Mortgage Loan Servicer Registration –New York Department of Financial Services, Lic. No. B500533.)

North Carolina (North Carolina Mortgage Lender License –  North Carolina Commissioner of Banks Office, Lic. No. L-145472), Conducting business as US Mortgage Corporation SE

North Dakota (North Dakota Money Broker License- North Dakota Department of Financial Institutions, Lic. No. MB102377)

Ohio Ohio Residential Mortgage Lending Act Certificate of Registration #MB.804216.000  & Mortgage Broker Act Mortgage Banker Exemption #MBMB.850162.000 – Ohio Division of Financial Institutions)

Oklahoma (Oklahoma Mortgage Lender License # ML010662 & Oklahoma Mortgage Broker License # MB001941),  Oklahoma Department of Consumer Credit Licensing–  Conducting business as US Mortgage Corporation MW

Oregon (Oregon Mortgage Lending License- Oregon Division of Financial Regulation. License #ML-5143.

Pennsylvania (Pennsylvania Mortgage Lender License- Pennsylvania Department of Banking and Securities, Lic. No. 21473), Conducting business as US Mortgage Corporation NE

Rhode Island (Rhode Island Lender License # 20132867LL & Rhode Island Loan Broker License # 20132868LB – State of Rhode Island Department of Business Regulation

South Carolina (South Carolina-BFI Mortgage Lender / Servicer License #MLS-3901- South Carolina State Board of Financial Institutions )

South Dakota (South Dakota Mortgage Lender License-  South Dakota Division of Banking. ML.04990)

Tennessee (Tennessee Mortgage License–Tennessee Department of Financial Institutions, Lic. No. 109189)

Texas (Texas – SML Mortgage Banker Registration-Texas Department of Savings and Mortgage Lending ), Conducting business as USM Corporation Group

 “CONSUMERS WISHING TO FILE A COMPLAINT AGAINST A MORTGAGE BANKER OR A LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD COMPLETE AND SEND A COMPLAINT FORM TO THE TEXAS DEPARTMENT OF SAVINGS AND MORTGAGE LENDING, 2601 NORTH LAMAR, SUITE 201, AUSTIN, TEXAS 78705. COMPLAINT FORMS AND INSTRUCTIONS MAY BE OBTAINED FROM THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV. A TOLLFREE CONSUMER HOTLINE IS AVAILABLE AT 1-877-2765550.

 THE DEPARTMENT MAINTAINS A RECOVERY FUND TO MAKE PAYMENTS OF CERTAIN ACTUAL OUT OF POCKET DAMAGES SUSTAINED BY BORROWERS CAUSED BY ACTS OF LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATORS. A WRITTEN APPLICATION FOR REIMBURSEMENT FROM THE RECOVERY FUND MUST BE FILED WITH AND INVESTIGATED BY THE DEPARTMENT PRIOR TO THE PAYMENT OF A CLAIM. FOR MORE INFORMATION ABOUT THE RECOVERY FUND, PLEASE CONSULT THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV ”

Utah (Utah-DRE Mortgage Entity License- Utah Division of Real Estate (DRE), Lic. No. 8760468

Vermont (Vermont Lender License – Other Trade Name #1- License # 6122 & Vermont Mortgage Broker License – Other Trade Name #1- License # 0678 MB- Vermont Department of Financial Regulation ), Conducting business as US Mortgage NE

Virginia (Virginia Lender License & Virginia Broker License #MC-4025,  Virginia Bureau of Financial Institutions, Conducting business as US Mortgage Corporation SE

Washington (Washington Consumer Loan Company License-WA  Department of Financial Institutions, Lic. No. CL-3901), Conducting business as US Mortgage Corporation NW

West Virginia (West Virginia Mortgage Lender License # ML-31971 & West Virginia Mortgage Broker License # MB-31970 by the West Virginia Division of Financial Institutions)

Wisconsin (Wisconsin Mortgage Banker License # 3901BA & Wisconsin Mortgage Broker License #3901BR–Wisconsin Department of Financial Institutions) Conducting business as US Mortgage Corporation North

Wyoming (Wyoming Mortgage Lender/Broker License # 2368 – Wyoming Division of Banking. Conducting Business as US Mortgage Corporation MW

Rates, fees and program guidelines are subject to change without notice. Certain restrictions may apply. Some loans arranged through third parties. First mortgages only. Not all products and/or programs are available in all states.

US Mortgage Corporation is not an agent of or acting on behalf of or at the direction of HUD/FHA or the Federal government.

US Mortgage Corporation (NMLS 3901).  Corporate Office is located at 201 Old Country Road, Suite 140, Melville, NY 11747; 631-580-2600 or (800) 562-6715 (LOANS15).

Mortgage on Time:

MORTGAGE ON-TIME GUARANTEE GUIDELINES: Appraiser must have access to the property in 10 days and/or be able to do an external appraisal and/or property must be eligible for an appraisal waiver. Contract must be at least 30 days (received by us within 48 hours of execution). The borrower must have ALL requested documentation that are satisfactory to US Mortgage Corporation within 48 hours of the request. This includes bank statements, updated pay stubs, tax returns, and financial documentations. This also includes a binder for their Hazard Insurance Policy. Upon conditional loan approval, the borrower must have any additional documentation requested by the underwriter within 48 hours. The buyer’s agent must have any additional amendments to the contract or required addendums, including FHA Amendatory Clause signed by all parties and returned to us within 48 hours. Delays due to the condition of the property, problems with the seller’s title, or delays caused by the buyer voids this offer. We have no control over when all parties actually sign. This offer is only available on FHA and Conventional loans. If all guidelines are met and we miss the closing date, a $1,000 lender credit will be applied towards a closed US Mortgage Corporation loan and will be credited at closing. This offer cannot be combined with any other offers. In the event that Close of Escrow (closing date) does not occur on or before the date agreed upon in the Purchase Contract, payment for missed closing will be made subject to the following terms and conditions: ELIGIBLE LOANS - Program applies only to government and conforming loans locked through 12/31/24. Note: Reverse, Jumbo, 203K, and other specialty loan products are excluded. Bond and USDA programs require a 40 day minimum closing to qualify. PURCHASE CONTRACT - The Buyer or their real estate agent is responsible for delivering Purchase Contract changes and/or amendments to US Mortgage Corporation within 2 business days of execution. If the Buyer or their real estate agent fails to deliver requested documents within 2 business days, causing a delay, then this offer is null and void. ELIGIBLE BORROWERS - Borrower must submit completed loan documents to US Mortgage Corporation within 2 business days of Disclosure receipt and within 3 business days of receiving conditions of initial loan approval. Appraiser is to have access to property upon request. PROGRAM REGISTRATION - The Mortgage On-Time Guarantee Flyer must have the borrower’s name, borrower’s signature, date, and loan officer’s signature and must be emailed to the Marketing Dept. The Loan Officer must also upload the completed flyer into the borrower’s eFolder in Encompass. NY PROPERTIES** - For loans on a subject property that is in the state of NY, “On Time” will be defined as Clear To Close (pending title clearance) on or before the “On or About” closing date stipulated in the Purchase Contract. Payment under this guarantee will be made if Clear To Close (pending title clearance) does not occur “On Time”, regardless of actual Close of Escrow. “On or About” closing date must be at least 30 days from execution and file must have been received by us within 48 hours of execution. All other terms apply.

3 Year Rate Drop:

3-Year Rate Drop Disclosures:
3-YEAR RATE DROP COVERAGE: Rate Drop Coverage eligibility is subject to the refinancing of an outstanding purchase mortgage originated by US Mortgage Corporation on or after October 25, 2022 with a closing date on or before March 31, 2024 that is secured by the same property upon which that borrower previously received a loan from US Mortgage Corporation. Rate Drop Coverage is non-transferable and does not apply to loans obtained to purchase a new property, new loans that result in the creation of a separate lien on the current property (i.e., a "home equity loan"), renovation loans, bond loan programs, down payment assistance programs or personal loans (i.e.,loans that are not secured by the property). The Rate Drop Coverage may only be used one time by submitting an application directly to US Mortgage Corporation. Subject to Debt-to-Income and Underwriting requirements. Eligibility is subject to completion of an application and verification of home ownership, occupancy, title, income, employment, credit, home value, collateral, and underwriting requirements. Borrowers must meet all applicable credit guidelines to qualify. Lender application, processing and/or underwriting fees will be waived by US Mortgage Corporation. Third party and other closing costs may still apply. Offers may vary and are subject to change at any time without notice. Refinancing an existing loan may result in the total finance charges being higher over the life of the loan. *Lender credit up to $595 will be applied towards appraisal fee of a closed US Mortgage Corporation loan. Appraisal Fee must be paid at time that appraisal is ordered and then credited after closing. Does not include closing costs associated with prepaid items, escrows, title charges, recording fees, transfer taxes, and mortgage insurance premiums. Lender credit shall not exceed $595. For qualified borrowers only. Cannot be combined with any other offers. Call for more details.

Seller Payment Protection Plan

Seller Payment Protection Plan Disclosures:
With SELLER ADVANTAGE (Seller Payment Protection Plan), if we are unable to close the transaction, US Mortgage Corporation will reimburse the property seller the lesser of $5,000 or one month of their current principal, interest, tax, and insurance (PITI) payment on their primary residence (as stated on their most recent mortgage statement).

• A Seller Payment Protection plan will only be valid if      a Pre-Approval Letter has been issued by a US Mortgage Underwriter, and      there are no material changes in the borrower’s application or credit      status from the date of pre-approval through closing. 
• The Seller Payment Protection Plan is valid for 90      days from the date on the Seller Protection Plan letter.

Seller Protection Plan: The buyer must fulfill all conditions of the pre-approval letter as well as the terms and conditions of the Seller Protection Plan letter. If US Mortgage Corporation is not able to close the mortgage due to third party vendor, payment is not applicable. This offer is not valid in Texas or Virginia. Contact your licensed loan originator for more details.