Get Department Of Housing And Urban Development Settlement Statement Fillable Form

Filling out the Department Of Housing And Urban Development Settlement Statement Fillable Form online can seem daunting, but this guide will help you navigate through the process with ease. This form serves as a comprehensive outline of settlement costs associated with a property transaction, ensuring transparency and clarity for all parties involved.

Follow the steps to complete the online form efficiently.

1. Click ‘Get Form’ button to obtain the form and open it in the editor.
2. Begin by selecting the type of loan applicable for your transaction by checking the corresponding box for FHA, FMHA, VA, Conv. Ins., or Conv. Unins. Then, enter the file number and loan number in the designated fields.
3. Fill in the names of the borrower, seller, lender, and the property location. Ensure that the details are accurate to prevent future discrepancies.
4. Provide the name of the settlement agent and their contact information. Include the Tax Identification Number (TIN) and place of settlement.
5. Enter the settlement date and proration date, ensuring that these dates align with your transaction details.
6. Move on to the Summary of Borrower's Transaction. Here, input the gross amount due from the borrower, which includes the contract sales price and any settlement charges.
7. Complete the Summary of Seller's Transaction section by detailing the gross amount due to the seller. Include any applicable personal property and adjustments.
8. Proceed to fill out the settlement charges section, providing accurate figures for commissions, loan fees, and any other charges applicable to your transaction.
9. Review the amounts required by the lender to be paid in advance, ensuring that you account for things like interest and insurance premiums.
10. Finally, after filling out all necessary sections, save your changes. You can then download, print, or share the form as needed.

Start filling out your Settlement Statement online today to streamline your property transaction process.