Hud form 27054e 2025

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Obtaining access to eLOCCS includes: 1) Registration and obtaining a user ID in Secure Systems which is the HUD Web Portal where the eLOCCS application resides. 2) Submission of a HUD-27054e eLOCCS Access Authorization form which will control what a user can see and do once they are in eLOCCS.
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.
The Line of Credit Control System (LOCCS) is the U.S. Department of Housing and Urban Developments (HUD) primary grant disbursement system, involving disbursements for most HUD programs. Grant disbursements are facilitated via the Internet through the eLOCCS system.
Organizations and individuals have access to these grants through an internet version of LOCCS called eLOCCS, where Business Partners with proper authorization can access, manage, and draw down against their HUD grant portfolios.
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.

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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.
The Electronic Line of Credit Control System (eLOCCS) is HUDs primary grant disbursement system, handling disbursements for the majority of HUD programs. eLOCCS provides Internet-based draw down of funds and query and reporting capabilities.

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