“Help! We’re refinancing and have heard there’s hundreds of pages to sign. We’re not speed readers, so there’s no way we’re going to read it all. Any suggestions?”
I agree. When you get a mortgage and are asked to sign a 1.5-inch high stack of papers, you’re not going to read every word.
So be sure to AT LEAST read the “note,” aka “trust deed note” (different from “trust deed”). It has the key terms of your mortgage, including the loan amount, interest rate, and when it’s due.
Also, ask to see a preliminary closing statement from the escrow company and compare that to your lender’s initial estimate.