A. Settlement Statement (HUD-1) Previous edition are obsolete Page 1 of 3 HUD-1 B. Type of Loan J. Summary of Borrower’s Transaction 100. Gross Amount Due from Borrower C. Note: 400. Gross Amount Due to Seller This form is furnished to give you a statement of actual settlement costs. Amounts paid to and by the settlement agent are shown ...

Mar 23, 2024 · What Is a HUD-1 Form? A HUD-1 form, also called a HUD-1 Settlement Statement, is a standardized mortgage lending document. Creditors or their closing agents use this form to...

Aug 8, 2024 · The HUD-1 Settlement Statement is a document that lists all charges and credits to the buyer and to the seller in a real estate settlement, or all the charges in a mortgage refinance.

Nov 23, 2022 · The HUD-1 Settlement Statement is a standard closing document that breaks down fees and credits in certain real estate transactions. The document is provided to the borrower to help them understand the charges before the mortgage details are finalized.

The HUD-1 Settlement Statement is a standardized mortgage lending form in use in the United States of America on which creditors or their closing agents itemize all charges imposed on buyers and sellers in consumer credit mortgage transactions.

Sep 9, 2022 · What Is a HUD-1 Form? A HUD-1 form (also called a HUD-1 settlement statement) lists all of the costs you pay and credits you receive when you close on a loan, including how much the lender is...

Aug 5, 2021 · When taking out certain home equity lines of credit (HELOC), reverse mortgages, or mortgages on manufactured homes that aren’t attached to real estate, the Department of Housing and Urban Development (HUD) requires lenders to …

Mar 28, 2022 · What is a HUD-1 statement? The HUD-1 form is a three-page mortgage document required in certain cases. This document contains an itemized list of every fee charged for the loan.

Feb 4, 2025 · Discover practical steps to locate your HUD-1 Settlement Statement through various sources, ensuring you have the necessary documentation. The HUD-1 Settlement Statement is a critical document in the home-buying process, detailing all charges and credits to both the buyer and seller.

The HUD-1 is a key document that lists all of the costs and credits with regard to your home purchase (or refinance) transaction. It is important to review this document carefully in order to ensure that you are receiving the loan you agreed to. Make sure to compare this document to your Good Faith Estimate (GFE) you received at application.