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CommercialBanc, an
online commercial
mortgage lender, is committed to protecting and safeguarding your privacy. Our
policy is to protect your personal and financial information
with rigid security measures. We do not sell, give away, or
provide your information to any unrelated third party for their
use. Privacy Policy
CommercialBanc's
main delivery channel is through the Internet and thus certain
privacy related issues may be of concern to you. Because we want
you to apply for your commercial mortgage from CommercialBanc
with confidence, we have adopted the following Privacy Policy:
CommercialBanc
values our customer's privacy and adheres to strict online
security measures to assure protection of your privacy. CommercialBanc
prohibits the selling, or providing, of personal information to
third parties for their independent use. However, in the normal
course of business, we make information available to 3rd party
vendors that we employ to assist with the processing and closing
of commercial mortgages, i.e. appraisal company, title company.
Information collected about you in
regards to the processing and closing of your commercial
mortgage loan
request: Information we receive from a consumer-reporting
agency, i.e. credit reporting agency, D&B, etc. Information we
receive from you on applications or other forms. 3rd party
vendor information, i.e. title, appraisal, etc.
Protecting
the confidentiality and security of your non-public personal
information: we do not sell, give away, or exchange your
personal information (commercial mortgage loan application) to any non-related
individual, group, or corporation.
As such, we restrict access to
nonpublic personal information about you to those employees only
who need to know information for the purpose of closing your
commercial mortgage loan. We maintain physical, electronic, and
procedural safeguards that comply with federal standards to
guard your nonpublic personal information.
Personal Information Collected and
Retained: When you utilize the Apply Online function via the
Internet to inquire about a commercial loan or apartment loan, make application, or request a
rate quote, we will collect personal information in order to
process your commercial loan or apartment loan application. Such information is collected and
maintained, in order to authenticate your identity and to
protect you. We must identify and verify you to prevent
unauthorized entities from accessing your personal financial
information.
If you have questions or just want
to confirm that your personal information is correct, please
contact our customer support department by email or call us at
1-866-706-BANC.
It is the policy of
CommercialBanc
to maintain accurate and complete information on our customers
for the purposes of determine commercial loan or apartment
loan eligibility.
If you have any reason to believe that the information we hold
with respect to you or your personal or corporate information is
inaccurate, outdated, or incomplete, please contact us so that
such information may be corrected or updated.
3rd Party Information Disclosure:
Without your written authorization and consent, CommercialBanc
will not release specific information about you or your
commercial loan
application to third parties, except where such release is
necessary to complete a transaction related to the closing and
funding of your commercial loan or apartment loan request, unless we are required
to do so by law.
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