Texas Settlement Statement With Text
Description
How to fill out Texas Closing Statement?
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FAQ
Yes, a settlement statement is the same as a closing statement, though ?settlement? is the formal term most likely to be used by the real estate industry.
Your lender is required to send you a Closing Disclosure that you must receive at least three business days before your closing. It's important that you carefully review the Closing Disclosure to make sure that the terms of your loan are what you are expecting.
A Closing Disclosure is a five-page form that provides final details about the mortgage loan you have selected. It includes the loan terms, your projected monthly payments, and how much you will pay in fees and other costs to get your mortgage (closing costs).
Your lender is required to send you a Closing Disclosure that you must receive at least three business days before your closing. It's important that you carefully review the Closing Disclosure to make sure that the terms of your loan are what you are expecting.
A settlement agent, or closing agent, will prepare a HUD-1 settlement statement at the closing of a real estate loan.