What Data is Collected.
In addition to names, home addresses, phone numbers and email addresses, we also collect Social Security numbers, dates of birth, gender, marital status, race, ethnicity, income and assets, all of which we are required to gather during the processing of a mortgage loan request.
How data is being collected.
Online forms are often used to initiate the gathering of pertinent information. Documentation needed for a loan application may be securely uploaded through our website or in a secure encrypted link contained in email. The documentation you copy and provide also may contain sensitive information, and this data is also securely protected.
What we are doing with your data.
The data and documentation you provide is reviewed by us and packaged and securely uploaded to one of our wholesale lenders to be reviewed for loan approval. Somerset Mortgage Corporation does not share your information or sell it to others. We consider the protection of your sensitive data vitally important and vigorously employ several layers of security measures.