DIY Life

No, that headline is not some pitch form a recent junk email. It's something many of us need to consider when researching that new mortgage, which is increasingly being done online. If you're into re-financing your existing mortgage or buying a new home and need a new loan, do you know the pitfalls to look out for while performing that rigorous online search?

There are so many mortgage lenders (and sub-lenders and so on) that it can be quite overwhelming. The safety of your private information is the largest concern here, since you volunteer much of that information when you start filling out a mortgage application. If you choose Washington Mutual or GMAC, those are trustworthy mortgage lenders. Bob's Mortgage, however, should be a bit more scrutinized.

The DIY Network suggests the below tips when considering an online mortgage, and all of the below should be right at the top of your list as well. It's weird that surrendering some sensitive personal information is better done on the phone (with a human) than online (automated). That's reality, though. The protection of your personal information is one of life's little treasures, but it takes vigilant action, always.

• Look to see if the mortgage company you are getting ready to hire has a physical address listed. (Often, this information is found on a page called "Contact Us" or on the "Home" page)
• Look for a telephone number and call to speak to a real person
• Make sure you are comfortable with the loan consultant you will be working with on your online application
• Under no circumstances give out your Social Security Number in an online form.
• Protect information used in identity theft by only giving it out in person or via telephone