There are many pitfalls and perils to using the Internet for even the simplest things. Considering the dangers of supplying personal information over the Internet, it is important to be cautious when using it for something as important as refinancing your home. Although the Internet can be a playground for scammers and criminals, it can also be a major tool to a homeowner when they need to refinance their home. Here are some things to keep in mind when using the Internet to refinance your home:

The Internet Simplifies Your Research
The Internet houses tons of information on mortgage companies, banks, brokers, and interest rates. Almost every bank has a web presence that can be accessed 24 hours a day, 7 days a week, and, if the bank doesn