Legal Question in Business Law in Massachusetts

Re: Disclosing information

The mortgage company has no boundaries.

What I would suggest is to ask the folks with whom the agreement was made to allow you to present it to the mortgage company. In the alternative, maybe another bare-bones agreement can be developed as a substitute for this purpose only

Re: Disclosing information

There are restrictions on the disclosure of financial information under pertinent federal laws. The mortgage company should have a privacy policy which reflects their obligations. If they propose to share information with others, they have an obligation to let you know, and to allow you to opt out (to the extent such sharing is not automatically allowed by pertinent law.)

However, I would suggest that you edit out as much of the confidential information as possible -- much of it may not be relevant to obtaining financing. You may wish to run the confidentiality provisions by an attorney before disclosing, even subject to confidentiality. Of course, any confidential information shared with others should be marked "confidential" and you should obtain a promise of confidentiality before sharing it. It is likely that a mortgage broker (as opposed to a mortgage lender) will need to further share the information with its underwriters.