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Updated over 5 years ago,
Online mortgage,how to keep identity safe when applying online???
I'm not the kind of person that always thanks that ''THe skY iS faLLiNg" so to speak lol
But online mortgage company's make me a bit nervous especially when they call from Wisconsin and the area code shows up as a local east Texas (903) # . putting my SSN and info online or over the phone always gives me a bad feeling no matter what, its simply common sense
There are Tones! of opportunities when it come to online lending but I want to make sure my info is safe before I go filling out .
<I just put my 1st investment property under contract,..... fyi !!!its a home run location !!! lol pretty proud of this deal. ,im self employed and just got turned down at a local bank here in Gilmer tx ,my tax returns show that I don't make enough, my checking accounts shows other wise. (*I was already educated befor hand and expecting this, so it did not come as some big surprise*) .,I have a great credit score... my bank that I have created a trusting relationship with for years has approved me with a good rate but they only do 15 year notes on commercial investment property's .15 years using 50% rule puts my cash flow at $50, 30yr note puts my cashflow at $150.
Of course I can go Bank hopping with a presentation ,that is definitely an option. I would like to try out my options online. Can anyone direct me to a good trusting online Mortgage Company that will lend as low at $50k Or give me some advice on what to watch out for when dealing with these online mortgage companies
I would like some real knowledgeable & experienced inputs on this one.