Privacy Policy and Disclosures

 

We have prepared this Privacy Notice and Disclosures to explain how, why, and when we collect data from you on our website.

 

By using American Loans Inc. DBA American Loans and Mortgage, and/or interacting with its advertisements on third-party sites, including applying for a loan, or requesting more information, you may consent to any or all of the following: receive phone calls, emails, recorded phone messages, mailed communication, and text messages, if you have provided a cell phone in the contact information. Regular cell phone charges apply. If you no longer wish to receive communication from our office, you can call us at 801-269-0900.

 

The calculator found at https://www.americanloans.com/find-your-best-rate/ on our website is provided by Loan Sifter by Optimal Blue, a third party loan pricing data provider. It provides rate and pricing estimates based on information you choose to submit. The tool is designed to be used anonymously and does not require your name, phone number or email to function, unless you choose to provide your email The loan application is “Blink”, is provided by “blink.mortgage”.

 

You may be asked to voluntarily submit personal information for business purposes. We will only use the information you submit to provide you with services related to the nature of your inquiry.

 

Your information will never be sold and will not be shared with any third parties without your express consent.

 

Our website also uses cookies, tracking pixels and related technologies. Cookies are small data files that are served by our platform and stored on your device. Our site uses cookies dropped by us or third parties for a variety of purposes including to operate the website. Also, cookies may also be used to track how you use the site to target ads to you on other websites.

 

Any cookies served by Google, HotJar, AdRoll or their affiliates do not contain personal information submitted via our loan application form. We recognize how important your online privacy is to you, so we offer the following options for controlling the targeted ads you receive and how we use your data:

 

You can opt-out of receiving targeted ads served by us: You can opt out of receiving targeted ads served by us or on our behalf by clicking on the blue icon in the corner of the ads we serve or by clicking here. Please note that, if you delete your cookies or upgrade your browser after having opted out, you will need to opt out again. Further, if you use multiple browsers or devices you will need to execute this opt out on each browser or device. If you opt-out we may collect some data about your online activity for operational purposes (such as fraud prevention) but it won’t be used by us for the purpose of targeting ads to you.

 

You can opt-out of receiving targeted ads served by us or other advertising companies using the NAI opt out tool here, which will allow you to opt out of seeing targeted ads from us and from other NAI approved companies.

 

You may opt out of receiving targeted ads from other companies that perform ad targeting services, including some that we may work with as Advertising Partners via the DAA website here.

 

Please note that when using the ad industry opt-out tools described above: If you opt-out we may still collect some data about your online activity for operational purposes (such as fraud prevention) but it won’t be used by us for the purpose of targeting ads to you.

 

If you use multiple browsers or devices you may need to execute this opt out on each browser or device. Ad companies’ opt-outs may function differently than our opt-out.

 

You can opt-out of our tracking your online activity for targeted advertising purposes (Do Not Track): We respond to “do not track” or “DNT” signals sent from your browser. If the website of one of our Advertisers receives a DNT signal, during that visit, we will not link data we collect to your browser identifier so that new data collected about you will not be used by us for targeted advertising purposes, but older data collected about you may still be used.

 

There are many websites on the internet that link to AmericanLoans.com including social media platforms such as Facebook, Twitter and more. The inclusion of a website link to American Loans, Inc, does not imply our endorsement or recommendation of the information provided in the referring website. Information found on those referring websites has not been reviewed or approved by American Loans, Inc. We make no guarantees, offers, or representations, expressed or implied, about the information given on other sites, including details regarding programs, products, or services. If you choose to follow the recommendations given on referring websites, you do so of your own free will, and at your own risk.

 

We make every effort to keep our information accurate, however, because of daily changes in interest rates, mortgage programs, and financial regulations, the details on this website are for informational purposes only, and are not necessarily accurate, complete or relevant for today’s mortgage conditions. The loan programs and terms on AmericanLoans.com are all subject to approval according to the applicant’s credit, income, debt and personal situation, and are subject to change without notice, including access to and use of the information provided on this site.

 

Because of individual financial and personal circumstances, and the geographical nature of mortgage loans, all products and services, including fees, regulations, and rates may vary. American Loans Inc. will not be held liable, in any way, for damages or loss, indirect or consequential, including the loss of information, data, or money, because of the use of this website.

 

While facts found on this website provides you an overall understanding of what loan programs are available, the most reliable way to determine your ability to acquire a mortgage loan, with its accompanying interest rate and fees, is to discuss your personal financial situation and desired outcome with a mortgage consultant, who can identify the best program, and outline the available interest rates, fees and requirements to close your loan.

 

Monthly payment amounts, APRs, fees, rates, points, and loan origination data provided on AmericanLoans.com are examples only and based on limited information. You can review our Rate Assumptions sections below to identify how we base examples of fees and costs associated with loan programs. These online examples do not include monthly mortgage insurance premiums, (if they are required for your loan type), property taxes, and homeowner’s insurance. Other factors that help determine the final terms of your loan include; the appraisal value of your home, actual credit score, personal financial information including income and debt, as well as additional circumstances that are unique to your situation. Each of these components may cause your loan payment to increase or decrease.

 

If you have chosen an ARM loan, you have the possibility of a rise in your mortgage rate annually, after a fixed initial period. For example, a 5/1 ARM would include a five-year fixed interest rate, and a possible annual increase until the maximum interest rate has been reached.

Rate Assumptions

· Rates shown assume a purchase transaction.

· Annual Percentage Rate (APR) calculations assume a purchase transaction of a single-family, detached, owner-occupied primary residence; a loan-to-value ratio of less than 60%; a minimum FICO score of 740; a Loan Term of 360 months; and a loan amount of $250,000 for conforming loans.

· Rates may be higher for loan amounts under $225,000. Please call for details.

· Rates are subject to change without notice.

· Closing Costs assume that borrower will escrow monthly property tax and insurance payments.

· Subject to underwriter approval; not all applicants will be approved.

· Fees and charges apply.

· Payments do not include taxes and insurance.

· Rates based on information gathered from LoanSifter.com, an OptimalBlue Site.

· Mortgage insurance is not included in the payment quoted. Mortgage insurance will be required for all FHA and USDA loans as well as conventional loans where the loan to value is greater than 80%.

· Restrictions may apply. Ask for details.

· American Loans, Inc. is an Equal Opportunity Lender