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  • A Settlement Statement Hud-1 - Memphis Law Group

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OMB Approval No. 25020265 A. Settlement Statement (HUD1) B. Type of Loan 1. FHA 2. 4. VA 5. C. Note: RHS 3. X Conv. Unins. 6. File Number: CS1413840 Conv. Ins. 7. Loan Number: 8. Mortgage Insurance.

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The HUD-1 was replaced for most transactions in 2015 with the CD.

The settlement agent shall complete the HUD-1 to itemize all charges imposed upon the Borrower and the Seller by the loan originator and all sales commissions, whether to be paid at settlement or outside of settlement, and any other charges which either the Borrower or the Seller will pay at settlement.

HUD-1 forms are still used for reverse mortgages and refinancing. The government form used to be used by settlement agents to list all the charges that borrowers and sellers were responsible for in any real estate deal. The HUD-1 form was replaced by the Closing Disclosure form in 2015.

What is the ALTA Settlement Statement? The ALTA Settlement Statement is a form that itemizes all of the credits and costs associated with a real estate transaction. There are four different versions of this form, including: Combined Settlement Statement that shows both buyer and seller costs.

Where Can I Find My HUD-1 Settlement Statement? If your loan hasn't closed yet, you can get your HUD-1 from your lender. If you've already closed, you should be able to find your HUD-1 settlement statement with your closing documents.

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 HUD-1 Settlement Statement breaks down costs of certain real estate transactions. The consolidated Closing Disclosure has replaced the Settlement Statement and Truth in Lending Disclosures for most home loans.

A HUD-1 or HUD-1A Settlement Statement is prepared by a creditor or, more typically, by the settlement agent who conducts the closing on the creditor's behalf.

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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