HUD 1 Settlement Sheet
The HUD-1 settlement sheet is issued at settlement. It encompasses 100% of all of your costs, lender fees, lender profit, down payment, escrows, taxes, insurance, etc. HUD stands for the U.S. Department of Housing & Urban Development. The Good Faith Estimate that you receive from your lender at time of application will also show these costs.
Here is a link to review a HUD 1 settlement sheet.
We are currently working on a video & webinar explaining this form in more detail.
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