Privacy Policy

Privacy/Suitability/Consent/Anti-Spam Agreement

STATE ALLIANCE MORTGAGE is committed to safeguarding the personal information we collect and maintain on behalf of our clients. We adhere to the highest standards of privacy protection under the Personal Information Protection and Electronic Documents Act (PIPEDA).

 

Collection and Use of Information

To better understand your financial needs and inform you of services that could help you achieve your goals, STATE ALLIANCE MORTGAGE collects personal information from various sources. This information includes, but is not limited to:

 

• Personal Data: Name, address, contact details, income, employment, age, net worth, investment objectives, and banking information.

• Unique Identifiers: Social insurance numbers, driver’s licenses, passport numbers, etc., used to meet regulatory and governmental requirements and distinguish you from other clients with similar names.

• Credit Information: Details from consumer reporting agencies, including account information and creditworthiness, to help identify suitable mortgage products for your needs.

 

STATE ALLIANCE MORTGAGE collects this information to provide the services you request and to explore how STATE ALLIANCE MORTGAGE or affiliated companies can assist you.

 

Guidelines for Disclosure of Information  

STATE ALLIANCE MORTGAGE may disclose information to credit bureau agencies, financial institutions, insurers, private investors, or creditor life companies. Information sharing is limited to:

• Assessing your financial situation for services you have requested from YCN.

• Sharing relevant information with YCN staff or partners as needed to deliver those services.

• Using your social insurance number for credit history matching with credit bureau agencies and financial institutions.

• Updating your Realtor, Builder, or Financial Planner on the progress of your application.

• Promoting YCN services to you.

 

STATE ALLIANCE MORTGAGE will not use or disclose personal information for purposes other than those for which it was collected, except with your consent or as required by law. Files are retained for a minimum of three (3) years.

 

Ongoing Commitment

STATE ALLIANCE MORTGAGE values confidentiality as the cornerstone of our client relationships and remains dedicated to protecting your privacy. Our privacy statement is available at STATE ALLIANCE MORTGAGE. For any clarifications regarding this policy, please contact our Chief Compliance Officer at statealliancemortgage@gmail.com.