Effective Date: February 20, 2025
Best Interest Financial (“Company,” “we,” “our,” or “us”) is committed to maintaining full compliance with all applicable federal and state laws governing mortgage lending practices. This mortgage compliance disclosure outlines our adherence to regulatory requirements and consumer protection standards, ensuring transparency, fair lending, data security, and accessibility for all users. By accessing and using this website, you acknowledge and agree to the terms set forth in this disclosure.
Clear and Accurate Disclosures
We provide clear, accurate, and readily accessible disclosures regarding loan terms, interest rates, applicable fees, and potential risks associated with mortgage products. These disclosures align with the requirements of the Truth in Lending Act (TILA) and the Real Estate Settlement Procedures Act (RESPA), helping borrowers make informed financial decisions.
To explore loan options and learn more about programs available, visit our Loan Programs page.
Equal Opportunity and Fair Lending
Best Interest Financial is an equal opportunity lender. We strictly adhere to the Equal Credit Opportunity Act (ECOA) and all related fair lending regulations, ensuring that no applicant is discriminated against based on race, color, religion, national origin, sex, marital status, age, or other protected characteristics. In addition, our policies and procedures promoting fair lending are publicly accessible on our website.
Privacy and Data Security
We take consumer privacy seriously and comply with all applicable data protection laws, including the Gramm-Leach-Bliley Act (GLBA) and the Fair Credit Reporting Act (FCRA). Our website uses secure encryption and protective protocols to safeguard user information. For more information, please review our full Privacy Policy. By using our services, you consent to our data collection and security practices.
Website Accessibility Compliance
Best Interest Financial is committed to providing an accessible digital experience for all users, including individuals with disabilities. Therefore, we maintain compliance with the Americans with Disabilities Act (ADA) and follow the Web Content Accessibility Guidelines (WCAG). If you encounter any difficulty using our site, please contact us, and we will make every effort to accommodate your needs.
Home Mortgage Disclosure Act (HMDA) Compliance
If applicable, we collect and report loan application data in accordance with the Home Mortgage Disclosure Act (HMDA). This supports transparency in lending and allows regulatory agencies to monitor fair lending compliance.
Secure Online Applications
To protect sensitive customer information, we implement robust security measures for all online mortgage applications. These include secure data transmission protocols, encryption, and multi-layer authentication to prevent unauthorized access.
Regular Compliance Audits
We conduct regular internal audits to ensure our website and digital tools remain in full compliance with lending regulations. These audits include review of disclosures, accessibility, security measures, and website performance. As a result, users can trust that we actively maintain a compliant experience.
Employee Training and Compliance Awareness
All Best Interest Financial employees receive ongoing training in regulatory compliance, data security, and fair lending. This ensures every team member understands their responsibilities and helps maintain a legally compliant, trustworthy environment for our clients.
By using this website, you acknowledge that you have read, understood, and agreed to the terms of this Mortgage Compliance Disclosure.
Need assistance? Visit our Contact Page or learn more about your rights through the Consumer Financial Protection Bureau.
| Regulator | Lic/Reg Name |
|---|---|
| Colorado | Mortgage Company Registration |
| Florida | Mortgage Broker License |
| Georgia | Mortgage Broker/Processor License |
| Michigan | 1st Mortgage Broker/Lender License |
| Michigan | 2nd Mortgage Broker Registrant |
| Minnesota | Residential Mortgage Originator License |
| Ohio | Residential Mortgage Lending Act Certificate of Registration |
| Pennsylvania | Mortgage Broker License |
| Texas – SML | Mortgage Company License |
Website Ownership and Trade Names
BestInterest.com and BIFMortgage.com are both owned and operated by Best Interest Financial, LLC (NMLS #2469842). References on either website to "Best Interest," "Best Interest Financial," or "BIF Mortgage" refer to Best Interest Financial, LLC. The disclosures on this page apply equally to both websites.
Text Message (SMS) and Contact Consent
When you submit a contact or referral form on our websites, you are asked to check a consent box before the form can be submitted. The box is unchecked by default. The consent language reads:
By checking this box and clicking "Connect me with a loan officer," you agree to receive recurring calls, emails, and SMS at the phone number and email address you provided from Best Interest Financial and its affiliates, regardless of whether your number is on any Do Not Call list. Texts and calls may be made via an autodialer or using prerecorded/artificial voices. Consent is not a condition of any purchase or loan. Message frequency varies. Message/data rates may apply. Text STOP to cancel or HELP for help. You further agree to Best Interest Financial's Terms & Conditions and Privacy Policy.
Program description. Our text messages relate to your loan inquiry, application status, required documentation, and related account and servicing matters. Message frequency varies based on your inquiry and where you are in the process.
Opting out. Reply STOP to any message to opt out at any time; you will receive a one-time confirmation and no further messages. Reply HELP for help, or contact us at [email protected].
Rates and carriers. Message and data rates may apply depending on your mobile carrier and plan. Carriers are not liable for delayed or undelivered messages.
Your opt-in is not shared. Your mobile opt-in information and consent to receive SMS will not be shared with, sold to, or transferred to any third party for their marketing purposes.