HUD-1 form

(redirected from HUD1 Settlement Statement)

HUD-1 Form

In the sale of real estate, a form itemizing the closing costs that the buyer and the seller are each responsible for paying. The costs for the buyer ought to be close to the good faith estimate.

HUD-1 form

See closing statement.

References in periodicals archive ?
If such Good Faith Estimate indicates an equivalent or lower interest rate and closing costs package, for the same loan program that is offered by Cendant and Cendant has verified the accuracy of the rate and fees listed then Cendant will have the option of beating that lender's total loan costs by $100 or paying the customer $250 ($500 for properties located in California) when they close with that lender and provide Cendant with a copy of the signed Note and Final HUD1 Settlement Statement.
If such Good Faith Estimate indicates an equivalent or lower interest rate and closing costs package, for the same loan program that is offered by us and we have verified the accuracy of the rate and fees listed then we will have the option of beating that lender's total loan costs by $100 or paying the customer $250 ($500 for properties located in California) when they close with that lender and provide us with a copy of the signed Note and Final HUD1 Settlement Statement.
Multiple Contracts & HUD1 Settlement Statements