SLMC STATEMENT OF PRIVACY

South Lake Mortgage Capital, Inc. is committed to protecting the privacy of our customers’ nonpublic personal information. We have implemented privacy policies consistent with applicable law and regulatory requirements. We also have adopted procedures designed to safeguard the security and confidentiality of our customers’ records and nonpublic personal information which are consistent with law and regulatory requirements.

This Privacy Statement provides our customers ("you") with basic information relating to the types of nonpublic personal information we collect, how we use the nonpublic personal information we collect, how we disclose the nonpublic personal information we collect, and how we safeguard the nonpublic personal information we collect.

From time to time, we will update this Privacy Statement to reflect changes in our policies and practices. If you are still a current customer of South Lake Mortgage Capital, Inc. you will receive written notification of any significant changes as required by law.

Our Collection of Nonpublic Personal Information
In order to provide the many services South Lake Mortgage Capital, Inc. offers, we will need to obtain certain of your nonpublic personal information. We collect nonpublic personal information about you from the following sources:

* Information we receive from you on applications or other forms;
* Information about your transactions with us, our affiliates, or others; and
* Information we receive from consumer reporting agencies ("credit bureaus").

The Use of Anonymous Data
We collect anonymous information when users utilize our web site. The type of information that is gathered includes the date, time of day, which pages are visited and how much time is spent on the web site. We only gather information on our users as a group. Please be advised that we do not gather information in this way about our users individually. The general information we gather enables us to serve our customers better by continually improving our site based on up-to-date use patterns.

The Use of Cookies
We use standard web technologies such as "cookies" and web server logs to collect information about how our site is used. A cookie is a small amount of data that is sent to your browser from a web server and stored on your computer’s hard drive. Cookies do not collect or store personal information, except information you have knowingly provided.

Credit Bureau Reports
South Lake Mortgage Capital, Inc. utilizes credit bureau reports in order to evaluate our customers’ credit worthiness and to protect our customers from fraudulent conduct. Therefore, we may obtain a credit bureau report about you when you apply for or obtain any financial products and services from us, including the making or servicing of your mortgage loan. This report contains information pertaining to your credit history.
This information will only be utilized for such purposes.

The following notice is provided to you pursuant to the Fair Credit Reporting Act: We may report information about your accounts to credit bureaus. Late payments, missed payments or other defaults on your account may be reflected in your credit report. Pursuant to this Act, you have the right to ensure that the content of your credit report is accurate. If you believe that we have sent inaccurate information to the credit bureaus, please contact us at 949.462.9990.

Sharing of Personal Information
We do not disclose nonpublic personal information about our customers or our former customers to anyone, except as permitted by law or as otherwise disclosed in this Privacy Statement.

We will not share information we receive about you from credit reporting agencies with our affiliates. However, In order to provide you with a full range of products and services, we may share your nonpublic personal information, including information about our transactions and experiences with you and information we obtain about you from sources other than credit reporting agencies, with our affiliates. An affiliate means any company that controls, is controlled by or is under common control with South Lake Mortgage Capital, Inc.

We may disclose all of the nonpublic personal information we collect to companies that perform marketing services on our behalf or to other financial institutions with which we have joint marketing agreements. We may share your nonpublic personal information with unaffiliated third parties who perform services for us, and with unaffiliated third parties who perform services related to products and services that you already have or have requested from us. South Lake Mortgage Capital, Inc. contractually requires all such third parties to maintain the confidentiality of any non-public personal information.

South Lake Mortgage Capital, Inc. will disclose nonpublic personal information about you to non-affiliated third parties in response to a court order or other lawful request by a government or regulatory agency, to protect against misuse or unauthorized use of our site, to limit our legal liability, to enforce or apply our rights and agreements or as otherwise permitted by law. We may also disclose nonpublic personal information to credit bureaus and similar organizations, and may exchange personal information with reference sources and clearinghouse services for purposes of fraud protection and credit reporting and verification. In addition, we may transfer your nonpublic personal information in the event of a change of control of our company, or a transfer of the business assets to which your nonpublic personal information relates.

We are not responsible for the privacy practices of any third parties or their websites which may differ from this Privacy Statement. We encourage you to review the privacy statement of each and every site that collects information from you in order to be informed of their privacy and security practices.

We will not sell or distribute any nonpublic personal information about you except in those circumstances listed above.

Promotional Materials That You May Receive
In order to advise you of special offers provided by us or our affiliates, we may send our customers promotional materials concerning financial products and services.

Updating Your Personal Information
In order to maintain accurate information about our customers, we ask that you update your personal information when any changes take place. Please notify us if you change your address or telephone number by contacting us at 949.462.9990.

Security
We restrict access to your nonpublic personal information to only those authorized employees and agents who need to know that information to provide products and services to our customers. We maintain physical, electronic and procedural safeguards that comply with applicable law and regulatory requirements to guard your nonpublic personal information.

Contacting Us
If you should have any questions about this Privacy Statement, please contact us at 949.462.9990.

© 2006 South Lake Mortgage Capital, Inc. This information is intended for the exclusive use of licensed real estate and mortgage lending professionals in accordance with local laws and regulations. Distribution to the general public is prohibited. Rates and programs are subject to change without notice.