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Click ‘Get Form’ to open HUD Form 92700 in the editor.
Begin by entering the Borrower's Name and Property Address, including street, city, state, and zip code. Ensure accuracy as this information is crucial for processing.
Input the FHA Case Number and select whether the property is a HUD-REO property. Indicate if you are purchasing or refinancing.
In Section A, provide details about the Contract Sales Price, 'As-Is' Value, and After-Improved Value. These figures will help determine your maximum mortgage amount.
Move to Section B to outline rehabilitation costs. Fill in total repair costs, contingency reserves, inspection fees, and any other applicable fees.
Complete Section C by calculating the mortgage amount based on your inputs from previous sections. This includes determining statutory investment requirements.
Finally, review all entries for accuracy before saving or submitting your completed form through our platform.
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Where Can I Find My HUD-1 Settlement Statement? If your loan hasnt closed yet, you can get your HUD-1 from your lender. If youve already closed, you should be able to find your HUD-1 settlement statement with your closing documents.
Where can I find HUD documents?
For current information from HUD, visit .hud.gov. This archives website is where you will find content that was formerly found on .hud.gov. Here you will find information on budgets, programs, initiatives, and other documents from previous administrations.
Who provides a HUD-1?
The settlement agent shall provide a completed HUD-1 or HUD-1A to the borrower, the seller (if there is one), the lender (if the lender is not the settlement agent), and/or their agents.
Are HUD-1 forms still used?
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.
Where can I get the hud 1 form?
If you dont have the HUD-1 you were provided at the closing when you originally purchaed it, the lender will have a copy of the HUD-1. Sometimes your local jurisdiction where the sale/purchase was recorded will have a copy too. Expect to pay a fee.
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