Affiliated Business Disclosures & Loan Exchange Services

By submitting your information on the Rhino Lending.com website, you authorize Rhino Lending to provide your information to up to four of our Lenders including their non-affiliate business partners.

Rhino Lending is solely owned and operated as an Illinois Corporation.  No business partner has any ownership interests in Rhino Lending Inc.   Rhino Lending is not acting as an agent for any borrower(s) that choose to use Rhino Lending services.  Rhino Lending does do not operate as a mortgage broker, mortgage banker, mortgage company, mortgage company, bank, and or lending institution.  Rhino Lending is a marketing company that forms business partnerships with mortgage brokers, mortgage bankers, mortgage companies, banks, and or lending institution.  Rhino Lending receives a marketing fee from their Lenders.  This fee is charged regardless of whether or not a loan application is taken by one of our Lenders.  This fee is not paid as a referral fee.  The fee is related to the transfer of data performed by Rhino Lending as a marketing service.  Rhino Lending collects information that may or may not be used by our Lenders to obtain a loan application.  Or Lenders are the only one’s that can offer credit or take a loan application.

Some or Rhino Lending’s features require Rhino Lending to use software licensed and maintained by our Lenders and or their business partners.  We use our Lenders and their business partner’s software to provide Rhino Lending applicants with the most up to date rates, payments, and loan programs.  When a borrower(s) enter their information into Rhino Lenidng.com their information will be shared with up to four of our Lenders.  By combining our website with our Lenders and their business partners we are able to protect and transfer data seamlessly.  Any shared software is not considered part of any loan application or application to receive credit.

In the Loan Exchange process, you may be given the option to provide your Social Security Number and/or have your credit pulled in order to improve your Lender matches. The Lenders you are matched with may later require a Social Security Number to proceed with a loan application. If you elect this option, you authorize Rhino Lending to provide information that you provided to a Lender and or their business partner for the purpose of obtaining a credit score.  At no time are you applying for credit.  You also authorize Rhino Lending, Rhino Lending’s Lenders and their non- affiliated business partners, along with any of their lenders and or investors to complete, to request information from one or multiple credit bureaus /reporting agencies, your credit bureau report including any ancillary credit scores or ratings and to check your credit and employment history.

Upon clicking on any accept, decline, continue, submit application, apply now, lock rate, submit, float rate, go to next step, and or rate watch button you are agreeing to the transfer of information between Rhino Lending and our business partners including their non-affiliate business partners.  Rhino Lending can not and will not guarantee any rate lock.  If you choose to lock or float a rate this information will transmitted to the Lender that you have selected.