Privacy Policy
Last updated: May 2026
Material changes to this policy will be noted with an updated effective date. Continued use of this website following any changes constitutes acceptance of the revised policy.
This Privacy Policy explains how Parth Malkan, licensed Mortgage Loan Originator (NMLS #2682845) operating through Vema Mortgage LLC, collects, uses, and protects the information you provide through this website.
Information We Collect
When you submit the rate check form, we collect:
- Name, phone number, and email address
- Loan type, estimated loan amount, and home value
- Zip code
AI Chat Assistant
This website includes an AI-powered chat assistant for educational purposes. Conversations with the chat assistant — including your messages and the assistant's responses — may be logged for quality assurance and compliance purposes.
Logged data includes the content of the conversation and an anonymous session identifier. Chat logs are not linked to your name, email, or phone number.
Chat logs are retained only as long as necessary to comply with applicable record-keeping requirements and are not sold or shared with third parties.
Third Party Service Providers
This website uses third-party service providers to operate the AI chat assistant and store chat logs. These providers process data solely to deliver and maintain this service and are contractually prohibited from using your data for other purposes. We do not sell or share your data with third parties for marketing purposes.
Cookies and Analytics
This website uses Google Analytics to collect anonymous, aggregated data about site usage such as pages visited and traffic sources. This data cannot be used to identify you personally.
This website may also use essential technical session storage (not cookies) necessary for website functionality such as the chat assistant consent state. This session data is temporary and cleared when you close your browser.
Gramm-Leach-Bliley Act (GLBA)
As a licensed mortgage loan originator, we are subject to the Gramm-Leach-Bliley Act (GLBA). We maintain a written information security program designed to protect the security and confidentiality of nonpublic personal information we collect in connection with mortgage services.
Consent to Use
By using the tools on this website — including the rate check form and AI chat assistant — you acknowledge that you have read this Privacy Policy and consent to the collection and use of your information as described herein.
How We Use Your Information
Your information is used solely to contact you about mortgage options and to provide personalized loan guidance. We do not sell, rent, or share your personal information with third parties for marketing purposes.
Your Rights
Depending on your state of residence, you may have the right to access, correct, or request deletion of your personal data. To submit a request, contact us at [email protected]. We will respond within 30 days. Note that certain data may be retained as required by applicable law or regulatory record-keeping obligations.
Communications
By submitting the contact form, you consent to being contacted by phone, text, or email regarding your mortgage inquiry. You may opt out of further communications at any time by replying "STOP" to any text message or emailing [email protected].
Data Retention
We retain personal information only as long as necessary to provide mortgage-related services, comply with legal and regulatory obligations, resolve disputes, and enforce agreements.
Security
This site uses HTTPS encryption. Form submissions are transmitted securely. While no method of transmission is 100% secure, we take reasonable steps to protect your information. In the event of a data breach affecting your personal information, we will notify affected individuals in accordance with North Carolina G.S. § 75-65 and any other applicable law.
Governing Law
This policy is governed by the laws of the State of North Carolina.
Contact
Parth Malkan · NMLS #2682845
Vema Mortgage LLC · NMLS #1019911
3250 W Big Beaver Rd, Suite 540, Troy, MI 48084
[email protected]
+1-877-800-VEMA (8362)