Lots of the forms in the mortgage process are standard HUD forms. There's little benefit in reading them closely other than making sure it's a recent form, and

Lots of the forms in the mortgage process are standard HUD forms. There's little benefit in reading them closely other than making sure it's a recent form, and there aren't any edits or amendments you are initialing. However, many of those forms have blanks or check-boxes that are filled in by various people in the process. Each of those should be checked very carefully, as well as any document that's non-standard, or locally created.