Get Hud-1 Settlement Statement (with Interactive Instructions Line By ... - Capstonetitle

The HUD-1 Settlement Statement is a crucial document in real estate transactions, providing a detailed itemization of the settlement costs for both buyers and sellers. This guide aims to help users effectively complete the HUD-1 form through clear, step-by-step instructions tailored for all experience levels.

Follow the steps to fill out the HUD-1 Settlement Statement correctly.

1. Click ‘Get Form’ button to obtain the HUD-1 Settlement Statement and open it in your preferred editor.
2. Begin with Section A, which is informational and does not require any inputs. Proceed to Section B, where you will check the appropriate box for your loan type (e.g., FHA, Conventional).
3. In Section C, no entries are necessary as it provides information on settlement costs. For Sections D and E, enter the names and addresses of the Borrower and Seller. Ensure complete and accurate details are provided.
4. Fill in Section F with the Lender's name and address. Next, provide the property location in Section G, including a street address and zip code.
5. In Section H, enter the settlement agent's name, address, and contact number, along with the location of the settlement. Follow this by entering the settlement date in Section I.
6. In Section J, summarize the Borrower's transactions. Input the contract sales price on Line 101 and separately list any personal property sales on Line 102. Proceed to list specific charges detailed in Section L.
7. For Section K, summarize the Seller's transactions similarly, ensuring to include any agreed payments, commissions, and adjustments. Total the amounts as directed.
8. In Section L, outline the settlement charges applicable to both the Borrower and Seller, carefully recording any required itemized charges and fees.
9. Finally, review all filled sections to ensure accuracy. Once completed, save changes, and choose to download, print, or share the HUD-1 Settlement Statement as needed.

Start filling out your HUD-1 Settlement Statement online today to simplify your real estate transaction.