Are Online Mortgage Payments Secure?


Quick Answer

Larger financial institutions use advanced security measures to protect all their customers' online bill payments. Research has shown that most online bill payments through the majority of financial institutions are safer than paying bills via regular mail.

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Are Online Mortgage Payments Secure?
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Full Answer

Although paying a mortgage online is safe for the most part, it pays to take precautions before sending those payments. Simple efforts that banks have no control over include frequently changing passwords to financial accounts and protecting devices with security software. Updating to the latest Internet browser also helps users avoid clicking on potentially dangerous websites during web searches. Customers who use their bank's online mortgage payment service create most of theirown security risks through careless Internet habits.

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