PRIVACY POLICY

NVR Mortgage Privacy Policy

NVR Mortgage Finance, Inc., (“NVR Mortgage”) is committed to protecting your privacy and ensuring you have a positive experience in doing business with us. The confidentiality of your private, non-public information is very important to us. This policy defines how we handle information you provide to NVR Mortgage. Any personal information which we receive from you or other sources will be treated according to this policy. We encourage you to read this privacy policy to ensure you understand our privacy practices.

The Type of Information We Gather

When you wish to be pre-qualified or apply for a mortgage loan, it is necessary for NVR Mortgage to collect personal information about you. We may gather information about you in writing, in person, by telephone, or electronically. Additionally, we will be compiling information about you from third parties, such as credit bureaus, the government and others.
Personal information that we will gather will include your name, Social Security number, mailing address, telephone number, email address, income, assets, debts and other information required for us to determine whether you may be pre-qualified or approved for a mortgage loan from NVR Mortgage.
Depending on any additional products and services that we provide to you, we may also need to collect personal information from you. For example, to process payments, NVR Mortgage or our services providers may collect financial information, such as your bank account number or credit card number.

Protections of Your Personal Information

To protect your personal information from unauthorized access or use, we use security measures that comply with federal law. We restrict access to non-public information about you to those individuals who need to know that information to provide our products and services to you. We maintain physical, electronic and procedural safeguards that comply with federal regulations to protect your non-public personal information.

Sharing your personal information

NVR Mortgage, like all financial companies, needs to share our customer’s personal information for everyday business purposes. Consistent with the requirements of consumer protection laws, including the Fair and Accurate Transactions Act and the Gramm-Leach-Bliley Act, the Borrower’s acceptance of this Privacy Policy authorizes us to share information related to the Borrower’s non-public information with our affiliate, NVR, Inc. (the “Seller”) and with our service providers.

What Information will NVR Mortgage Share?

NVR Mortgage will share only that information about the Borrower that is relevant to providing you with our products and services, which includes qualifying and approving the Borrower for a mortgage loan or processing payments. This information includes, but is not limited to, credit history, credit score, financial obligations and other general financial information.

What Information will NVR Mortgage NOT Share?

NVR Mortgage will NOT provide the Seller with a copy of the Borrower's mortgage loan application or credit report. NVR Mortgage will not disclose any of the Borrower's account numbers.

When Does this Authorization Terminate?

Except for the purpose described in the following sentence, this authorization terminates at the earliest to occur of: (i) settlement of the home purchase; (ii) Borrower's withdrawal of the loan application; (iii) NVRM's denial of the loan application; or (iv) Borrower's written notification to terminate this authorization. Even after these events occur, NVRM may continue to share information covered by this policy with the Seller for internal data analytics purposes, but not for purposes of NVRM, the Seller or any other party marketing any goods or services to the Borrower.

You will also receive the NVR Mortgage Privacy Notice that provides detailed information about our protection of your information. We do not disclose any non-public information about our customers to any third-party, except as permitted by law or as described in this Privacy Policy.