Privacy Policy

Introduction

Scion Lending ("we," "our," or "us") is committed to protecting your privacy and ensuring the security of your personal and financial information. This Privacy Policy explains how we collect, use, disclose, and safeguard your information when you visit our website, apply for our services, or interact with us in any capacity.

By using our website or services, you consent to the data practices described in this policy. If you do not agree with our policies and practices, please do not use our services.

Information We Collect

Personal Information

We collect personal information that you voluntarily provide to us when you:

• Complete a loan application or pre-qualification form
• Use our mortgage calculator or other interactive tools
• Contact us via phone, email, or chat
• Subscribe to our newsletter or marketing communications
• Create an account on our website

This information may include:

• Full name, date of birth, and Social Security number
• Contact information (email address, phone number, mailing address)
• Employment information (employer name, income, employment history)
• Financial information (bank account details, credit score, assets, liabilities, debts)
• Property information (address, purchase price, down payment amount)
• Government-issued identification documents

Automatically Collected Information

When you visit our website, we automatically collect certain information about your device and browsing activity, including:

• IP address and geographic location
• Browser type and version
• Operating system
• Pages visited, time spent on pages, and navigation paths
• Referring website or source
• Device identifiers and cookies

How We Use Your Information

We use the information we collect for the following purposes:

• Loan Processing: To evaluate your loan application, verify your identity, assess creditworthiness, and process your mortgage request
• Communication: To contact you regarding your application, provide customer support, and respond to your inquiries
• Compliance: To comply with legal obligations, including anti-money laundering (AML) and Know Your Customer (KYC) requirements
• Marketing: To send you promotional materials, newsletters, and updates about our services (you may opt out at any time)
• Website Improvement: To analyze website usage, improve user experience, and optimize our services
• Fraud Prevention: To detect, prevent, and address fraudulent activity, security breaches, and technical issues
• Legal Proceedings: To enforce our terms and conditions and protect our rights and property

Information Sharing and Disclosure

We may share your information with third parties in the following circumstances:

Service Providers

We may share your information with trusted third-party service providers who assist us in operating our business, including:

• Credit bureaus and credit reporting agencies
• Mortgage lenders, investors, and underwriters
• Title companies, appraisers, and closing agents
• Technology and data storage providers
• Marketing and analytics platforms
• Legal and compliance consultants

Legal Requirements

We may disclose your information if required by law or in response to:

• Court orders, subpoenas, or legal processes
• Government or regulatory requests
• Law enforcement investigations
• Protection of our rights, property, or safety, or that of others

Business Transfers

In the event of a merger, acquisition, reorganization, or sale of assets, your information may be transferred to the acquiring entity.

Data Security

We implement industry-standard security measures to protect your personal and financial information, including:

• SSL/TLS encryption for data transmission
• Secure data storage with encryption at rest
• Access controls and authentication mechanisms
• Regular security audits and vulnerability assessments
• Employee training on data protection and privacy
• Firewalls and intrusion detection systems

However, no method of transmission over the internet or electronic storage is 100% secure. While we strive to protect your information, we cannot guarantee absolute security.

Cookies and Tracking Technologies

We use cookies, web beacons, and similar tracking technologies to enhance your browsing experience and collect usage data. Cookies are small text files stored on your device that help us:

• Remember your preferences and settings
• Analyze website traffic and user behavior
• Deliver personalized content and advertisements
• Improve website functionality and performance

You can control cookies through your browser settings. However, disabling cookies may limit your ability to use certain features of our website.

Your Privacy Rights

Depending on your location, you may have the following rights regarding your personal information:

• Access: Request a copy of the personal information we hold about you
• Correction: Request correction of inaccurate or incomplete information
• Deletion: Request deletion of your personal information (subject to legal and contractual obligations)
• Opt-Out: Opt out of marketing communications at any time
• Data Portability: Request transfer of your data to another service provider
• Restriction: Request restriction of processing in certain circumstances

To exercise these rights, please contact us at [email protected] or call 866-839-3222.

Gramm-Leach-Bliley Act (GLBA) Compliance

As a financial services provider, we comply with the Gramm-Leach-Bliley Act (GLBA), which requires us to:

• Provide you with a clear privacy notice explaining our information practices
• Give you the opportunity to opt out of certain information sharing
• Implement safeguards to protect the security and confidentiality of your information

We do not sell your personal information to third parties for marketing purposes without your explicit consent.

Children's Privacy

Our services are not directed to individuals under the age of 18. We do not knowingly collect personal information from children. If you believe we have inadvertently collected information from a child, please contact us immediately so we can delete it.

Third-Party Links

Our website may contain links to third-party websites. We are not responsible for the privacy practices or content of these external sites. We encourage you to review the privacy policies of any third-party websites you visit.

Changes to This Privacy Policy

We may update this Privacy Policy from time to time to reflect changes in our practices, technology, legal requirements, or other factors. We will notify you of any material changes by posting the updated policy on our website with a new "Last Updated" date. Your continued use of our services after such changes constitutes your acceptance of the updated policy.

Contact Us

If you have any questions, concerns, or requests regarding this Privacy Policy or our data practices, please contact us: