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: Credit to SELLER: Purchase Price: Payment on Contract: 1st Mortgage Balance: Interest from Purchase Money Mortgage City/State Tax County Tax School Tax $ $ $ $ to Paid to Paid to Paid to Paid to Water & Sewer Fuel/Maintenance Rents/Security (See Schedule) Credit to SELLER Credit to BUYER BALANCE DUE SELLER DISBURSEMENTS Balance Paid Seller: Insurance Schedule Policy No. Insurance Company Policy Amt. Premium Term Expires Mortgage Principal Amount Holder of the Mortgage Payment.

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Related content

Settlement Statement - HUD.gov
This form is furnished to give you a statement of actual settlement costs....
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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 create an itemized list of all charges and credits to the buyer and to the seller in a consumer credit mortgage transaction.

Is a HUD-1 Settlement Statement the Same as a Closing Statement? A HUD-1 is a type of closing statement. However, outside of reverse mortgages and mortgages closed on or before Oct. 3, 2015, most real estate transactions now use a closing form called the closing disclosure that you'll receive instead.

While closing disclosures provide information about a borrower's loan, settlement statements do not include loan information. Settlement statements are used for commercial transactions and cash closings.

The closing statement, also called a closing disclosure or settlement statement, is essentially a comprehensive list of every expense that either the buyer and seller must pay to complete the purchase of a home (or whatever the property is).

The answer is Closing Disclosure. The closing statement used for most residential closings is the Closing Disclosure prepared by the CFPB. credit to the seller.

A settlement statement is a document listing the terms and conditions of a settlement agreement and details all related costs or credits due to each party. A mortgage loan settlement statement is commonly known as a closing statement.

The closing statement, also called a closing disclosure or settlement statement, is essentially a comprehensive list of every expense that either the buyer and seller must pay to complete the purchase of a home (or whatever the property is).

The "closing,” also called “settlement,” is when you and all the other parties in a mortgage loan transaction sign the necessary documents.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232