Home| A. Settlement Statement | U.S. Department of Housing and Urban Development | OMB No. 2502-0265 | |
| B. Type of Loan | |||
| 6. File Number | 7. Loan Number | 8. Mortgage Insurance Case Number | |
| C. Note: This form is furnished to give you a statement of actual settlement costs. Amount paid to and by the settlement agent are shown. Items marked "(p.o.c.)" were paid outside the closing; they are shown here for information purposes and are not included in totals. | |||
| D. Name and Address of Borrower | E. Name and Address of Seller | F. Name and Address of Lender |
| G. Property Location | H. Settlement Agent | |
| Place of Settlement | I. Settlement Date | |
| J. Summary of Borrower's Transaction | K. Summary of Seller's Transaction | ||
| 100. Gross Amount Due From Borrower | 400. Gross Amount Due To Seller | ||
| 101.Contract sales price | 401. Contract sales price | ||
| 102. Personal property | 402. Personal property | ||
| 103. Settlement charges
to borrow (line 1400) |
403. | ||
| 104. | 404. | ||
| 105. | 405. | ||
| Adjustments for items paid by seller in advance | Adjustments for items paid by seller in advance | ||
| 106. City/town taxes to | 406. City/town taxes to | ||
| 107. County taxes to | 407. County taxes to | ||
| 108. Assessments to | 408. Assessments to | ||
| 109. | 409. | ||
| 110. | 410. | ||
| 111. | 411. | ||
| 112. | 412. | ||
| 120. Gross Amount Due From Borrower | 420. Gross Amount Due To Seller | ||
| 200. Amounts Paid By Or In Behalf Of Borrower | 500. Reductions In Amount Due To Seller | ||
| 201. Deposit or earnest money | 501. Excess deposit (see instructions) | ||
| 202. Principle amount of new loan(s) | 502. Settlement charges
to seller (line 1400) |
||
| 203. | 503. Existing loan(s) taken subject to | ||
| 204. | 504. Payoff of first mortgage loan | ||
| 205. | 505. Payoff of second mortgage loan | ||
| 206. | 506. Delivery of Payoff(s) | ||
| 207. | 507. | ||
| 208. | 508. | ||
| 209 | 509. | ||
| Adjustments for items unpaid by seller | Adjustments for items unpaid by seller | ||
| 210. City/town taxes to | 510. City/town taxes to | ||
| 211. County taxes to | 511. County taxes to | ||
| 212. Assessments to | 512. Assessments to | ||
| 213. | 513. | ||
| 214. | 514. | ||
| 215. | 515. | ||
| 216. | 516. | ||
| 217. | 517. | ||
| 218. | 518. | ||
| 219. | 519. | ||
| 220. Total Paid By/For Borrower | 520. Total Reduction Amount Due Seller | ||
| 300. Cash At Settlement From/To Owner | 600. Cash At Settlement To/From Seller | ||
| 301. Gross Amount due from borrower (line 120) |
601. Gross Amount due to seller (line 420) |
||
| 302. Less amounts paid by/for borrower | 602. Less reductions in amt. due seller (line 520) | ||
| 303. Cash from to Borrower | 603. Cash from to Seller | ||
"PRELIMINARY DRAFT HUD-1"
| L. Settlement Charges | ||
| 700. Total Sales/Broker's Commission based on price $ @ % | ||
| Division of Commission (line 700) as follows: | Paid From Purchaser's Funds at Settlement |
|
| 701. $ to | ||
| 702. $ to | ||
| 703. Commission paid at settlement | ||
| 704. | ||
| 800. Items Payable In Connection With Loan | ||
| 801. Loan Origination Fee % | ||
| 802. Loan Discount % | ||
| 803. Appraisal Fee to | ||
| 804. Credit Report to | ||
| 805. Lender's Inspection Fee | ||
| 806. Mortgage Insurance Application Fee to | ||
| 807. Assumption Fee | ||
| 808. | ||
| 809. | ||
| 810. | ||
| 811. | ||
| 900. Items Required By Lender To Be Paid In Advance | ||
| 901. Interest from to @$ /day | ||
| 902. Mortgage Insurance Premium for months to | ||
| 903. Hazard Insurance Premium for years to | ||
| 904. years to | ||
| 905. | ||
| 1000. Reserves Deposited With Lender | ||
| 1001. Hazard Insurance months @$ per month | ||
| 1002. Mortgage Insurance months @$ per month | ||
| 1003. City property taxes months @$ per month | ||
| 1004. County property taxes months @$ per month | ||
| 1005. Annual assessments months @$ per month | ||
| 1006. months @$ per month | ||
| 1007. months @$ per month | ||
| 1008. months @$ per month | ||
| 1100. Title Charges | ||
| 1101. Settlement or closing fee to VTES | ||
| 1102. Abstract or title search to VTES | ||
| 1103. Title examination to VTES | ||
| 1104. Title insurance binder to VTES | ||
| 1105. Document preparation to | ||
| 1106. Notary fees to | ||
| 1107. Attorney's fees to | ||
| (includes above item numbers: ) | ||
| 1108. Title Insurance | ||
| A $50 Simultaneous Issue Fee will be included in your total on the final HUD-1. | ||
| 1109. Lender's coverage $ | ||
| 1110. Owner's coverage $ | ||
| 1111. Release Processing Fee | ||
| 1112. Courier | ||
| 1113. R-5 Compliance Fee | ||
| 1114. Mortgage Release Fee | ||
| 1114. Payoff Processing Fee | ||
| 1200. Government Recording and Transfer Charges | ||
| 1201. Recording fees: Deed $ ; Mortgage $ ; Releases $ | ||
| 1202. City/county/stamps: Deed $ ; Mortgage $ | ||
| 1203. State tax/stamps: Deed $ ; Mortgage $ | ||
| 1204. | ||
| 1205. | ||
| 1300. Additional Settlement Charges | ||
| 1301. Survey (**Cost may vary slightly depending on survey company) | ||
| 1302. Pest Inspection to | ||
| 1303. | ||
| 1304. | ||
| 1305. | ||
| 1400. Total Settlement Charges (enter on lines 103, Section J and 502, Section K) | ||