After hackers breached Equifax and stole vital financial records of 145 million Americans, people have a right to be afraid of disclosing personal information. That's why it's imperative that lending institutions to do everything in their power to protect your privacy. When a prospective home buyer submits a loan application, defining information such as date of birth, home address, social security number, credit cards, bank accounts, and pay stubs are included. Basically, everything a hacker needs to penetrate an individual's financial world is disclosed on a loan application. If you are applying for a mortgage, get answers to these and other questions before handing over information. … [Read more...]