Products which appear on new statement is real estate commissions, loan costs, things, and you can first escrow numbers
HUD-step one Settlement Declaration – A document that give a keen itemized listing of money one was payable in the closure. For every goods on the statement is actually illustrated because of the a different amount in this a standardized numbering program. New totals at the bottom of one’s HUD-step 1 report define the latest seller’s online continues and the consumer’s websites commission within closing. The fresh new blank means on the statement try written by the fresh Agency out of Property and you can Urban Creativity (HUD). Read more