Effective Date: August 24, 2020
Updated: 03/14/2025
CoFi (Construction Finance Corporation) operates the Cofilending.com and Website, which provides information about CoFi (The Company) and CoFi Software (The Service).
Your privacy is critical to us. This page is intended for the sole purpose of informing website visitors regarding our policies with the collection, use, and disclosure of Personal Information, should the Personal Information that we collect be used for providing and improving the Service. We will not use or share your information with anyone except as described in this policy.
The terms used in this Privacy Policy have the same meanings as in our Terms of Service, which is accessible at https://cofilending.com/terms-of-service, unless otherwise defined in this Privacy Policy.
The following blueprint is our standard and SMS Privacy Policy.
Information Collection and Use
While using our site, we may ask you to provide us with certain personally identifiable information that can be used to contact or identify you. Personally identifiable information may include your name, email address, and phone number (Personal Information).
- Before or at the time of collecting personal information, we will identify the purposes for which Personal Information is being collected.
- We will gather and utilize individual data singularly with the target of satisfying those reasons indicated by us and for other good purposes, unless we have received the assent of the individual concerned or as required by law.
- We will hold individual data solely for the length essential for the satisfaction of those reasons.
- We will gather individual data by legal and reasonable means and, where fitting, with the information or assent of the individual concerned.
- Personal Information ought to be important to the reasons for which it is to be utilized, and, to the degree essential for those reasons, ought to be exact, finished, and updated.
- We will protect individual data by security shields against misfortune or burglary, and also unapproved access, divulgence, duplication, use or alteration.
- We will promptly provide customers with access to our policies and procedures for the administration of individual data.
Log Data
Like many site operators, we collect information that your browser sends whenever you visit our Site (Log Data). This Log Data may include information such as your computer’s Internet Protocol (IP) address, browser type, browser version, the pages of our Site that you visit, the time and date of your visit, the time spent on those pages, and other statistics.
We are focused on leading our business as per these standards with a specific end goal to guarantee that the privacy of individual data is secure and maintained an individual chooses to view our Website, CoFiSoftware.com, or use our products and services.
If you choose to view our website or use our products and services, you agree to the collection and use of information in relation to this policy.
Loan Processing Short Message Service (SMS)
At CoFi, we are committed to protecting the privacy and security of your personal information. This Privacy Policy explains how we collect, use, store, and share data collected through our SMS message service. By opting in to receive SMS messages from us, you consent to the practices described in this Privacy Policy.
- Types of Data We Collect
We may collect the following types of data:- Mobile phone number
- Name (if provided)
- Message content and responses
- How We Collect Data
We collect data directly from you when you opt in to receive SMS messages from us. This may include providing your mobile phone number and name (if provided) through a signup form or by texting a keyword to a designated number. - How We Use the Data We Collect
We use the data collected for the following purposes:- Sending promotional offers, updates on products or services, event notifications, and other relevant communications via SMS
- Analyzing engagement and effectiveness of SMS campaigns
- Providing customer support and responding to inquiries
- How We Store Data
We store your data securely and take appropriate measures to protect it against unauthorized access, disclosure, alteration, or destruction. Your data is stored in encrypted databases and access is restricted to authorized personnel only. - Rights and Choices Consumers Have
You have the following rights and choices regarding your data:- You can opt out of receiving SMS messages from us at any time by replying with the word “STOP” to the number from which you received the messages.
- You can request access to, correction of, or deletion of your personal information by contacting us using the contact information provided below.
- Sharing or Selling Data to Third Parties
No mobile information will be shared with third parties/affiliates for marketing/promotional purposes. All the above categories exclude text messaging origination opt-in data and consent; this information will not be shared with any third parties. - Compliance with U.S. and Canada Laws:
We comply with applicable laws and regulations governing SMS privacy in both the United States and Canada, including the Telephone Consumer Protection Act (TCPA) in the U.S. and the Canadian Anti-Spam Legislation (CASL) in Canada.
If you have any questions or concerns about our data practices or SMS Privacy Policy, please contact us 9:00 a.m. to 5:00 p.m., Mountain Standard Time (MST), via email at customersuccess@cofilending.com or by phone at (435) 557-0412.
