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Sam

Consumer security in applying for a mortgage loan online is always a matter of debate. Every consumer wants to be assured that the internet site is secured since through online mortgage applications they have provided their personal information. As a result, there are concerns about identity theft and other kinds of fraud.

Good lending institutions do keep these things in mind and try to make their site as much secured as possible so that chances of theft can be avoided. Once the loan application is completed, the text is translated to a secure code and only then, your details are sent to respective lenders. This prevents your information from being stolen. But as a consumer you too must be cautious as you don't have a face-to-face negotiation with the lender and don't know about his sincerity and working style.

suyog · Joined: 23 Sep 2009 Posts: 53 9.38 Dollars($)

I think you should do not worry about it. There is some privacy activate for online.

gmakerley · Posted: Thu Nov 19, 2009 10:41 am Post subject:

disagreeing with you here, suyog. a consumer should always be cautious when online. there are plenty of bad people lurking.

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Should I worry about security when I apply online?