Veizman Mortgage & Finance Consultants Ltd. וייצמן יועצי משכנתאות ופיננסים בע"מ
Company No. (ח.פ.): 517288700 Incorporated in Israel on 26 January 2026 as a limited liability company (חברה בערבון מוגבל), under the Israeli Companies Law Address: 63 Weizman St., Nahariya, Israel Email:
office@bbait.co.il Phone: 050-878-8061 Website:
www.bbait.co.ilLast updated: August 2026
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- General
1.1. This Privacy Policy explains how Veizman Mortgage & Finance Consultants Ltd. (the "Company", "we", "us" or "our") collects, receives, uses, stores, transfers and protects personal information in connection with its website and the mortgage, financing and related consulting services provided by the Company.
1.2. The Company provides, among other things, mortgage consulting, financing consulting, refinancing and mortgage restructuring assistance, assistance in obtaining preliminary mortgage approvals, examination of financing alternatives, communication with banks and other financing entities, and related financial consulting services.
1.3. The Company's principal place of business is in Israel. The processing of personal information is therefore primarily subject to the Israeli Protection of Privacy Law, 5741-1981, as amended (including Amendment No. 13), the Protection of Privacy Regulations (Data Security), 5777-2017, and other applicable Israeli law.
1.4. This Policy applies to visitors to the Company's website, persons who contact the Company, prospective clients, current and former clients, and other persons whose personal information is provided to the Company in connection with its services.
1.5. Providing information to the Company is generally voluntary unless otherwise required by law. However, certain information is necessary for us to examine a financing application or provide the requested services. If you choose not to provide such information, we may be unable to provide some or all of the requested services.
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- Personal Information We May Collect
Because mortgage and financing consulting requires an assessment of a client's financial circumstances, the Company may collect and process various categories of personal information, including:
2.1. Identification and contact information
- Full name;
- Israeli ID number or passport number;
- Date of birth;
- Address;
- Telephone number;
- Email address;
- Marital and family status, where relevant to the financing process;
- Copies of identification documents and related appendices.
2.2. Financial and banking information
We may receive and process information including:
- Bank account statements;
- Mortgage statements and balances;
- Information regarding loans and other financial obligations;
- Credit and repayment information provided by the client;
- Details of existing mortgages;
- Information regarding savings, investments and other financial assets;
- Information regarding equity available for a transaction;
- Information regarding sources of funds;
- Information contained in documents obtained from banks or other financial institutions;
- Credit-related reports or information provided to us by the client or lawfully obtained with the client's authorization.
2.3. Employment and income information
This may include:
- Employment details;
- Salary slips;
- Employer information;
- Employment agreements or confirmations;
- Tax assessments;
- Accountant or tax adviser confirmations;
- Information concerning self-employed income;
- Pension, benefit, rental or other income;
- Other documents required to demonstrate income or repayment capacity.
2.4. Property and transaction information
We may collect information regarding:
- Properties owned or being purchased;
- Purchase and sale agreements;
- Property addresses and values;
- Appraisals;
- Land Registry or Israel Land Authority information;
- Existing liens, mortgages and encumbrances;
- Contractor or developer information;
- Details relating to a proposed real estate transaction;
- Other documents relevant to obtaining mortgage or other financing.
2.5. Information concerning spouses, guarantors and other persons
A mortgage or financing application may require information concerning a client's spouse, co-borrower, guarantor, property owner or another person involved in the transaction.
Where you provide us with personal information about another person, you should ensure that you are authorized to provide that information and, where required, that the person has been informed of the relevant processing.
2.6. Communications
We may retain communications and documents exchanged with us by email, telephone, WhatsApp or other communication channels, including enquiries, documents, correspondence and information provided during meetings and consultations.
2.7. Website and technical information
When you use our Website, certain technical information may be collected automatically, such as:
- IP address;
- Browser and device information;
- Operating system;
- Pages visited;
- Date and time of access;
- Referral information;
- Cookies and similar identifiers, where applicable.
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- Why We Process Personal Information, and Our Legal Basis
The Company processes personal information only where it has a lawful basis for doing so under applicable Israeli law. Depending on the purpose, the applicable basis will typically be one of the following: your consent; the necessity of processing to provide the services you requested (i.e., to enter into or perform a client engagement); compliance with a legal or regulatory obligation (such as tax, accounting or anti-money-laundering requirements); or the Company's legitimate interest, provided that such interest does not unreasonably override your privacy rights.
The table below summarizes the main purposes and their typical legal basis:
- Responding to enquiries and requests — legitimate interest / pre-engagement steps taken at your request.
- Assessing a client's financial situation and financing needs — necessity for providing the requested service.
- Providing mortgage and financial consulting services — necessity for performance of the client engagement.
- Preparing and submitting requests for mortgage approvals and financing — necessity for performance of the client engagement, based on your authorization.
- Comparing financing alternatives — necessity for performance of the client engagement.
- Conducting negotiations with banks and financing entities on behalf of clients — necessity for performance of the client engagement, based on your authorization.
- Assisting with mortgage refinancing or restructuring — necessity for performance of the client engagement.
- Reviewing existing mortgages, loans and financial commitments — necessity for performance of the client engagement.
- Communicating with banks, financial institutions and other parties involved in a financing transaction — necessity for performance of the client engagement, based on your authorization.
- Managing the contractual relationship with clients — necessity for performance of the engagement.
- Collecting fees and managing payments — necessity for performance of the engagement / legal obligation.
- Issuing invoices, receipts and other accounting documents — legal obligation.
- Maintaining business and accounting records — legal obligation.
- Meeting tax, accounting, regulatory and legal obligations — legal obligation.
- Protecting the Company's legal rights and handling disputes — legitimate interest.
- Preventing fraud, misuse or unlawful activity — legitimate interest / legal obligation.
- Securing the Company's information systems — legitimate interest.
- Improving our services and Website — legitimate interest.
- Sending service-related communications — necessity for performance of the engagement.
- Sending marketing communications — consent, where required by law.
Personal information will not knowingly be used for purposes materially incompatible with the purposes for which it was collected, unless permitted or required by applicable law.
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- Disclosure and Transfer of Information
Providing mortgage and financing consulting services necessarily requires information to be shared with certain third parties.
Depending on the service requested and subject to applicable law, the Company may disclose relevant personal information to:
- Banks and mortgage banks;
- Credit and financing institutions;
- Non-bank financing providers;
- Insurance companies and insurance professionals where relevant to the mortgage process;
- Property appraisers;
- Lawyers, accountants and other professional advisers;
- Real estate developers, contractors or other parties involved in a transaction, where necessary;
- Technology, cloud-storage and IT service providers;
- Payment service providers;
- Government authorities, courts, regulators or law-enforcement authorities where disclosure is required or permitted by law.
Only information reasonably necessary for the relevant purpose will be disclosed.
Where the Company acts on a client's behalf in dealings with a bank or another financing entity, information may be provided to such entity for the purpose of assessing, approving, negotiating or completing the requested financing.
The Company does not sell personal information to third parties.
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- Cloud Storage and Service Providers
5.1. The Company may use third-party technology and cloud services to manage and store information and documents.
At present, these services may include:
- Dropbox;
- Microsoft OneDrive;
- Email and communication services;
- Website hosting and related technical providers.
5.2. Information stored through these services may be processed or stored on servers located outside Israel.
5.3. The Company takes reasonable measures when selecting and using service providers and seeks to ensure that access to personal information is limited to what is required for providing the relevant service and is subject to appropriate confidentiality and security arrangements.
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- Payments
6.1. Clients may pay the Company by bank transfer, cheque and other payment methods offered by the Company.
6.2. The Company may also provide online credit-card payment options through Allpay or another payment service provider.
6.3. Where a payment is made through an external payment provider, payment and card information is processed through that provider's systems and is subject to the provider's applicable privacy and security terms.
6.4. The Company does not intend to independently store full credit-card details entered through Allpay's secure payment system.
6.5. The Company may receive and retain transaction-related information necessary for accounting and administration, such as the payer's name, amount, payment date, transaction reference and payment status.
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- Cookies, Analytics and Website Technologies
7.1. The Website may use cookies and similar technologies required for its operation and may use analytics or advertising technologies.
7.2. Cookies may be used for purposes including:
- Proper Website operation;
- Security;
- Remembering preferences;
- Analysing Website traffic and usage;
- Measuring advertising effectiveness.
7.3. Where consent is required by applicable law for the use of non-essential cookies, such technologies will be used subject to the applicable consent requirements.
7.4. Users may control or delete cookies through their browser settings. Disabling certain cookies may affect Website functionality.
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- Marketing Communications
Where permitted by law, the Company may use contact details provided by a client or prospective client to send information regarding the Company's services, updates or marketing communications.
Where consent is required, marketing communications will be sent subject to such consent.
A recipient may request to stop receiving marketing communications at any time using the unsubscribe mechanism provided in the communication or by contacting:
office@bbait.co.ilRequests to stop marketing communications do not affect operational communications necessary for an existing client relationship or transaction.
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- Data Retention
9.1. The Company retains personal information only for as long as reasonably necessary for the purposes for which it was collected and for the period required to comply with applicable legal, accounting, tax, contractual and regulatory obligations.
9.2. As general guidance, the following retention periods typically apply, subject to any longer period required by law or by an active dispute or legal proceeding:
- Accounting records, invoices and receipts — retained for at least 7 years, in accordance with Israeli tax record-keeping requirements.
- Client mortgage/financing case files (identification, financial and transaction documents gathered for a completed engagement) — retained for the duration of the client relationship and for a further period thereafter as reasonably necessary to address potential claims, disputes or regulatory inquiries.
- Website enquiry and contact-form submissions from persons who do not become clients — retained for a limited period reasonably necessary to respond to the enquiry, after which they are deleted or anonymized unless the person consents to further retention (e.g., for marketing).
- Technical/Website logs (such as IP address and browsing data) — retained for a limited period necessary for security and operational purposes.
9.3. When information is no longer reasonably required, the Company will delete, anonymize or securely archive it, subject to applicable law.
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- Information Security
The Company takes reasonable technical, organizational and administrative measures designed to protect personal information against unauthorized access, use, alteration, disclosure, loss or destruction.
Such measures may include, as appropriate:
- Access controls;
- Passwords and authentication measures;
- Limiting employee access according to job responsibilities;
- Use of secure cloud and information-storage services;
- Backup and recovery measures;
- Security procedures concerning devices and information systems;
- Confidentiality obligations applicable to employees and service providers.
No information system can provide absolute security. Accordingly, the Company cannot guarantee that unauthorized access or other security incidents will never occur.
Where a security incident occurs, the Company will act in accordance with the requirements of applicable Israeli privacy and data-security law, including applicable reporting or notification obligations to the Privacy Protection Authority and, where required, to affected individuals.
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- Access by Employees and Service Providers
Access to client information is limited, as reasonably practicable, to Company employees, representatives and service providers who require access for the performance of their duties.
Persons with access to client information are expected to use it only for authorized business purposes and to maintain its confidentiality.
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- Your Privacy Rights
12.1. Subject to applicable Israeli law, individuals may have rights concerning personal information held about them, including rights to review information maintained about them and, in circumstances prescribed by law, request correction or deletion of information that is incorrect, incomplete, unclear or outdated.
12.2. Requests concerning personal information may be submitted to:
office@bbait.co.il12.3. The Company may request information reasonably necessary to verify the identity of the person submitting the request before providing access to or modifying personal information.
12.4. A request for deletion does not necessarily require the Company to delete information that it is legally required or otherwise permitted to retain, including information necessary for accounting, tax, legal or dispute-related purposes.
12.5. Right to lodge a complaint. If you believe that the Company has processed your personal information in a manner inconsistent with this Policy or with applicable Israeli privacy law, you may raise the matter directly with the Company at
office@bbait.co.il, and you also have the right to submit a complaint directly to the Israeli Privacy Protection Authority (הרשות להגנת הפרטיות), Ministry of Justice, via the online enquiry/complaint form published on the Authority's website (gov.il).
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- Information Provided for Mortgage and Financing Applications
Clients acknowledge that providing mortgage and financing consulting services may require extensive financial documentation.
The Company will use such information for purposes connected with providing the requested consulting and financing services, including assessing the client's circumstances and presenting relevant information to banks or other financing entities.
The final decision whether to grant financing, the amount of financing, interest rates and other terms is made solely by the relevant bank or financing entity.
The Company's collection or transfer of information does not constitute a guarantee that financing will be approved.
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- Confidentiality
The Company treats information received from clients in connection with mortgage and financial consulting as confidential.
Information will not be disclosed to unrelated third parties except where:
- Disclosure is necessary for providing the requested services;
- The client has authorized the disclosure;
- Disclosure is made to a service provider assisting the Company;
- Disclosure is necessary to protect legitimate legal interests;
- Disclosure is required or permitted by law.
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- International Transfers
Some technology and cloud-service providers used by the Company may store or process information outside Israel.
Where personal information is transferred outside Israel, the Company will take reasonable measures to conduct such transfers in accordance with applicable Israeli privacy law and applicable requirements concerning transfers of personal information outside Israel.
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- Minors
The Company's mortgage and financial consulting services are intended primarily for adults.
The Company does not intentionally solicit personal information directly from minors for independent use of its services.
Information relating to minors may nevertheless appear in documents provided by clients, for example as part of family, financial or household information relevant to a mortgage application. Such information will be processed only to the extent reasonably necessary for the relevant service or legal obligation.
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- Legal and Regulatory Disclosure
The Company may retain or disclose personal information where reasonably necessary to:
- Comply with applicable law;
- Comply with a court order or lawful request from a competent authority;
- Establish, exercise or defend legal rights;
- Prevent fraud or misuse;
- Protect the Company, its clients or third parties.
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- Changes to this Privacy Policy
The Company may amend this Privacy Policy from time to time due to changes in law, technology, business practices or the services offered.
The current version will be published on the Company's Website.
The date shown at the beginning of this Policy indicates when it was last updated.
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- Contact
Questions, requests or complaints regarding privacy or the processing of personal information may be directed to:
Veizman Mortgage & Finance Consultants Ltd. וייצמן יועצי משכנתאות ופיננסים בע"מ
Company No. (ח.פ.): 517288700 Address: 63 Weizman St., Nahariya, Israel Email:
office@bbait.co.il Phone: 050-878-8061 Website:
www.bbait.co.il⸻
Important notice: This Privacy Policy is intended to describe the Company's privacy practices and does not constitute legal advice. The Company's actual procedures, information-security practices, Website technologies and contractual arrangements with third-party service providers should correspond to the practices described in this Policy.
