Settlement Statement Form. This is a Official Federal Forms form and can be use in US Department Of Housing And Urban Development.
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OMB Approval No. 2502-0265 A. Settlement Statement (HUD-1) B. Type of Loan 1. FHA 2. RHS 4. VA 5. 8. Mortgage Insurance Case Number: Conv. Ins. C. Note: 3. Conv. Unins. 6. File Number: 7. Loan Number: This form is furnished to give you a statement of actual settlement costs. Amounts paid to and by the settlement agent are shown. Items marked “(p.o.c.)” were paid outside the closing; they are shown here for informational purposes and are not included in the totals. D. Name & Address of Borrower: E. Name & Address of Seller: F. Name & Address of Lender: G. Property Location: H. Settlement Agent: I. Settlement Date: Place of Settlement: J. Summary of Borrower’s Transaction K. Summary of Seller’s Transaction 100. Gross Amount Due from Borrower 400. Gross Amount Due to Seller 101. Contract sales price 401. Contract sales price 102. Personal property 402. Personal property 103. Settlement charges to borrower (line 1400) 403. 104. 404. 105. 405. Adjustment for items paid by seller in advance Adjustment for items paid by seller in advance 106. City/town taxes to 406. City/town taxes to 107. County taxes to 407. County taxes to 108. Assessments to 408. Assessments to 109. 409. 110. 410. 111. 411. 112. 412. 120. Gross Amount Due from Borrower 420. Gross Amount Due to Seller 200. Amount Paid by or in Behalf of Borrower 500. Reductions In Amount Due to seller 201. Deposit or earnest money 501. Excess deposit (see instructions) 202. Principal amount of new loan(s) 502. Settlement charges to seller (line 1400) 203. Existing loan(s) taken subject to 503. Existing loan(s) taken subject to 204. 3D\RII RI ¿UVW PRUWJDJH ORDQ 205. 505. Payoff of second mortgage loan 206. 506. 207. 507. 208. 508. 209. 509. Adjustments for items unpaid by seller Adjustments for items unpaid by seller 210. City/town taxes to 510. City/town taxes to 211. County taxes to 511. County taxes to 212. Assessments to 512. Assessments to 213. 513. 214. 514. 215. 515. 216. 516. 217. 517. 218. 518. 219. 519. 220. Total Paid by/for Borrower 520. Total Reduction Amount Due Seller 300. Cash at Settlement from/to Borrower 600. Cash at Settlement to/from Seller 301. Gross amount due from borrower (line 120) 601. Gross amount due to seller (line 420) 302. Less amounts paid by/for borrower (line 220) 303. Cash From ( ) 602. Less reductions in amounts due seller (line 520) 603. Cash To Borrower To ( ) From Seller The Public Reporting Burden for this collection of information is estimated at 35 minutes per response for collecting, reviewing, and reporting the data. This agency may not FROOHFW WKLV LQIRUPDWLRQ DQG \RX DUH QRW UHTXLUHG WR FRPSOHWH WKLV IRUP XQOHVV LW GLVSOD\V D FXUUHQWO\ YDOLG 20% FRQWURO QXPEHU 1R FRQ¿GHQWLDOLW\ LV DVVXUHG WKLV GLVFORVXUH is mandatory. This is designed to provide the parties to a RESPA covered transaction with information during the settlement process. Previous edition are obsolete Page 1 of 3 HUD-1 American LegalNet, Inc. www.FormsWorkFlow.com L. Settlement Charges 700. Total Real Estate Broker Fees Paid From Borrower’s Funds at Settlement Division of commission (line 700) as follows : 701. $ to 702. $ Paid From Seller’s Funds at Settlement to 703. Commission paid at settlement 704. 800. Items Payable in Connection with Loan 801. Our origination charge $ (from GFE #1)