Loan signing documents are the binding legal agreements between a borrower and lender that detail the terms of a loan—including the amount, interest rate, length of time for repayment, and any applicable fees. Loan signing documents are created to ensure both parties involved in a loan understand and agree to their specific obligations as well as any potential risks associated with entering into such an agreement. These documents are critical for protecting both parties’ interests and serve as a source of evidence should a disagreement arise. As such, borrowers should take the time to read through the document thoroughly before signing them.