Get Tennessee Sample Hud1 Form

Completing the Tennessee Sample Hud1 Form online can be straightforward with the right guidance. This guide provides users, regardless of their legal expertise, with clear instructions on how to effectively fill out each section of the form.

Follow the steps to accurately complete the Hud1 Form online.

1. Click ‘Get Form’ button to obtain the form and open it in the online editor.
2. Begin with Section A, the Settlement Statement. Ensure the HUD logo and header are displayed correctly. You do not need to enter any additional information here.
3. In Section B, indicate the type of loan by filling in the loan type, loan number, and mortgage insurance case number as required.
4. In Section D and E, enter the full name, mailing address, and zip code of each borrower and seller involved in the loan transaction.
5. Complete Section F by providing the name, address, and zip code of the lender who is funding the loan.
6. Fill in Section G with the street address of the property being sold. If a street address is not available, provide a brief legal description.
7. In Section H, list the name, address, zip code, and telephone number of the settlement agent.
8. Specify the settlement date in Section I, including the address and zip code for the place of settlement.
9. Proceed to Section J, the Summary of Borrower’s Transaction, and input the gross amount due from the borrower. Include the contract sales price, personal property value, and any other amounts owed.
10. Document any amounts paid by or on behalf of the borrower in Section J, including deposits, credits, and additional charges.
11. Continue filling out Sections K and L by detailing the seller's transaction summary and listing all settlement charges associated with the transaction.
12. Once all fields are completed accurately, review the entire form to ensure all information matches with the Good Faith Estimate (GFE) as required.
13. Finally, save changes, download a copy of the completed Hud1 Form, or print it out as needed for signatures and further processing.

Complete your documents online with confidence using this guide.