Homebuyers Privacy Act Explained | Bonelli Financial Group

Big news for homebuyers and mortgage professionals. The Homebuyers Privacy Protection Act (H.R. 2808) has officially been signed into law as of September 5, 2025, marking one of the most important consumer protection changes in recent years. If you want guidance navigating the mortgage process, work with a trusted mortgage broker in Phoenix to find the right home loan and protect your privacy

At Bonelli Financial Group, we understand that applying for a mortgage is a personal process. When buyers make a mortgage credit inquiry, their information often gets sold to competing lenders. This new law will finally help stop that, protecting your privacy when shopping for a home loan or refinance.

Here’s what the new law means for borrowers, how it will affect the mortgage process, and what steps you can take right now to safeguard your information.

When someone applies for a mortgage, credit bureaus often generate what are called “trigger leads.” These are alerts that let other mortgage lenders know a consumer has recently applied for a loan. While this practice has been legal for years, it often results in borrowers receiving dozens of unsolicited calls, texts, and emails from competing mortgage companies trying to win their business.

The Homebuyers Privacy Protection Act limits how credit bureaus can sell or share this information. It bans the sale of mortgage-related trigger leads unless the borrower gives clear consent. This gives consumers more control over their personal data and helps prevent confusion or unwanted solicitation during the loan process.

While the bill does not eliminate all forms of data sharing, it significantly reduces the number of companies that can access your mortgage inquiry. It’s a major step toward a more secure and transparent home loan environment.

Even though stronger privacy protections are on the way, borrowers can take steps today to limit unwanted calls and protect their credit information.

One of the simplest actions is to opt out before applying for a mortgage. You can visit the official opt-out site at OptOutPrescreen.com or call 1-888-5-OPT-OUT to remove your information from credit bureau marketing lists. Doing this before your lender runs your credit can drastically reduce unwanted calls and emails.

At Bonelli Financial Group, we educate every client about this step as part of our standard mortgage application process. Protecting your privacy is a priority, and we want your focus to stay on getting pre-approved for a home loan today instead of fielding sales calls from competing lenders.

For homebuyers, this law will make the mortgage process less stressful and more transparent. No one wants to share personal financial details only to be bombarded with calls from unknown companies. The Homebuyers Privacy Protection Act is designed to restore confidence and make the lending process simpler, safer, and more borrower-focused.

For homeowners considering a refinance, this is also good news. Fewer unsolicited calls mean a cleaner, more secure experience when you apply for a new mortgage or look to lower your rate.

At Bonelli Financial Group, we’ve built our reputation on trust, experience, and transparency. Whether you’re buying your first home or refinancing an existing one, our team of expert mortgage brokers will help you navigate every step of the process and find a loan program that fits your goals.

If you’re planning to purchase or refinance a home, now is the time to act. Rates continue to fluctuate, and the best way to secure a strong position is by working with a knowledgeable mortgage broker who puts your needs first.

At Bonelli Financial Group, we help clients throughout Arizona, Texas, and Florida compare loan programs, understand current market trends, and get approved with confidence.

Contact us today to discuss your mortgage options and take advantage of a more secure lending environment.

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