Read Loan Docs Before Signing Them

I am constantly amazed at what people will sign without first reading. This seems to be more the case the larger the amount of money involved. A mortgage loan is probably going to be your biggest debt in your life, so you should take the time to read what you are agreeing to before putting pen to paper. Mortgage companies rarely do anything intentionally shaddy in the loan docs, but the make mistakes all the time. The mistakes always seem to favor them of course, but I digress. Regardless, don’t just assume the loan docs quote the correct figures. Understand a very simple thing. If you sign the contract, you own it. A court of law will force you to live up to your signature on the bottom line, so take the time to know what is on that document.