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  1. Click ‘Get Form’ to open the HUD-1 Settlement Statement in the editor.
  2. Begin by filling in the 'Type of Loan' section. Select from FHA, RHS, VA, or Conventional options as applicable.
  3. Enter the Mortgage Insurance Case Number and other identifiers like File Number and Loan Number in their respective fields.
  4. Complete the 'Name & Address' sections for Borrower, Seller, and Lender. Ensure accuracy for smooth processing.
  5. Fill in the Property Location and Settlement Agent details along with the Settlement Date.
  6. In the Summary of Borrower’s Transaction section, input amounts due from the borrower including gross amounts and adjustments.
  7. Proceed to fill out Seller’s Transaction summary similarly, ensuring all figures are accurate and reflect actual costs.
  8. Review all entries for completeness before saving or sharing your completed form directly through our platform.

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The HUD-1 Settlement Statement is a document that lists all charges and credits to the buyer and to the seller in a real estate settlement, or all the charges in a mortgage refinance.
It is important to save your HUD-1 for your tax preparer. You will need it in the year of the purchase, as well as the year the property is sold. The HUD-1 form itself was created by the U.S. Department of Housing and Urban Development (HUD) and is updated periodically.
Official HUD forms used in all programs and other commonly used forms are available online to print and download. Printed forms can be ordered online through the Direct Distribution System or by telephone at (800) 767-7468. Forms for housing discrimination complaints are available online.
2:09 3:24 And local housing agencies These certifications are updated regularly to reflect changes in HUDMoreAnd local housing agencies These certifications are updated regularly to reflect changes in HUD guidelines. And regulations For. In summary being HUD certified means that a manufactured home housing.
HUD-1s are still in use, but in specific situations only. HUD-1s are used in conjunction with reverse mortgages, line of credit loans, residential properties being purchased with commercial loans, and by lenders who do a certain number of loans a year.
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The U.S. Department of Housing and Urban Development (HUD) administers Federal aid to local housing agencies (HAs) that manage the housing for low-income residents at rents they can afford. HUD furnishes technical and professional assistance in planning, developing, and managing these developments. WHO IS ELIGIBLE?

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