Privacy Policy
Effective Date: 03/25/2026
1. Introduction
Prosper Funding Inc. (NMLS #2344596) (“Company,” “we,” “our,” or “us”) is a licensed mortgage brokerage operating in the State of California. We are committed to protecting your privacy and safeguarding your personal information in compliance with applicable federal and California laws, including the California Consumer Privacy Act (CCPA) and California Privacy Rights Act (CPRA).
This Privacy Policy explains how we collect, use, disclose, and protect your information in connection with our mortgage brokerage services.
2. Information We Collect
We collect personal information necessary to provide mortgage-related services, including:
A. Information You Provide
Full legal name
Date of birth
Contact information (phone number, email address, residential and mailing address)
Employment and income information
Financial data (bank accounts, assets, liabilities)
Social Security number and government-issued identification (as required for loan processing)
B. Information from Third Parties
We may obtain information from:
Credit reporting agencies
Mortgage lenders and financial institutions
Employers and income verification services
Public records and government databases
3. How We Use Your Information
We respect your privacy and only use your information for legitimate business purposes, including:
Processing mortgage loan applications
Matching you with lenders and loan products
Verifying identity, employment, and financial information
Communicating regarding your loan status
Complying with legal, regulatory, and licensing requirements
Information is collected only when voluntarily provided or required for mortgage processing.
Loan applications are completed through a secure third-party portal that may use standard session cookies necessary for its operation.
4. Sharing of Information
We do not sell your personal information.
We may share your information with:
Licensed mortgage lenders, investors, and loan servicers
Credit reporting agencies
Third-party service providers (e.g., underwriting, document preparation, compliance support)
Government agencies or regulators as required by law
All third parties are contractually obligated to protect your information and use it solely for authorized purposes.
5. California Privacy Rights (CCPA/CPRA)
If you are a California resident, you have the following rights:
Right to Know: You may request details about the personal information we collect, use, and disclose.
Right to Delete: You may request deletion of your personal information, subject to legal and regulatory retention requirements applicable to mortgage brokers.
Right to Correct: You may request correction of inaccurate personal information.
Right to Opt-Out of Sale or Sharing: We do not sell or share personal information as defined under California law.
Right to Limit Use of Sensitive Personal Information: We use sensitive personal information (such as Social Security numbers and financial data) only as necessary to provide mortgage services and comply with legal obligations.
Right to Non-Discrimination: We will not discriminate against you for exercising your rights.
To exercise your rights, contact us at:
Email: support@prosperfundinginc.com
Phone: (925) 230-3937
6. California Mortgage Brokerage Disclosure
Prosper Funding Inc. is a licensed mortgage brokerage, not a direct lender.
We arrange loans with third-party lenders
We do not make credit decisions or fund loans directly
Loan approval is subject to underwriting by the lender
Licensing Information:
Prosper Funding Inc.
NMLS ID: 2344596
Consumers may verify licensing status through the Nationwide Multistate Licensing System & Registry (NMLS) at:
https://www.nmlsconsumeraccess.org
7. Confidentiality and Information Security
We maintain strict confidentiality of your nonpublic personal information in accordance with applicable laws, including the Gramm-Leach-Bliley Act (GLBA).
Security measures include:
Secure systems and encrypted data transmission where appropriate
Access controls limiting information to authorized personnel
Ongoing monitoring and safeguards to prevent unauthorized access
8. Data Retention
We retain your personal information only as long as necessary to:
Complete your mortgage transaction
Comply with federal and California recordkeeping laws
Resolve disputes and enforce agreements
9. Children’s Privacy
Our services are intended for individuals aged 18 and older. We do not knowingly collect information from minors.
10. Changes to This Policy
We may update this Privacy Policy periodically. Updates will be posted with a revised effective date.
11. Contact Information
Prosper Funding Inc.
NMLS #2344596
1990 N California Blvd, Eighth Floor #1117
Walnut Creek, CA 94596, USA
Email: support@prosperfundinginc.com
Phone: (925) 230-3937