Explanation of HUD-1 Settlement Statement

The HUD-1 Settlement Statement is the financial picture of the closing. All money deposited into the escrow account and the disbursals out of the escrow account must appear on the form. The HUD-1 Settlement Statement will show a detailed itemization of all the costs pertaining to the mortgage loan transaction.

The above documents will help you understand the HUD-1 Settlement Statement that will be used for your refinance closing.

1. HUD-1 Settlement Statement Explained

2. HUD-1 Settlement Statement

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