A document prepared by a closing agent describing a real estate transaction,...
Also known as the settlement sheet, this is an itemized listing of the costs that must be paid at closing, including real estate commissions, loan fees, points, and initial escrow amounts. The seller's net proceeds are also disclosed on this statement. The form is provided by the U.S. Department of Housing and Urban Development.
A standardized, itemized list, published by the U.S. Department of Housing and Urban Development (HUD), of all anticipated CLOSING COSTS connected with a particular property purchase.
A document that provides an itemized listing of the funds that are payable at closing. Items that appear on the statement include commissions, loan fees, points and initial escrows. Also referred to as a "closing statement" or "settlement sheet."
A form used (at the Title Company) that shows all the costs and funds distributed during the real estate or loan transaction. Also called a Settlement Statement and a Closing Cost Statement.
The document used in closing a real estate transaction which itemizes the funds payable and provides a summary of the seller's net proceeds and the buyer's net payment.
It is a document published by the Department of Housing and Urban Development (HUD). It contains an itemized listing of the closing costs payable at the closing or settlement meeting when buying the property.
The HUD-1 Settlement Statement itemizes the amounts to be paid by the buyer and the seller at closing.
Computation of costs payable at closing that determines the seller's net proceeds and the buyer's net payment. Also known as a Settlement statement.
A document which sets forth an itemized listing of whatever costs must be paid at closing, such as real estate commissions, loan fees, points, and initial escrow amounts. It's also known as the "closing statement" or "settlement sheet."
Also referred to as the closing statement or the settlement statement, this is the document that provides line by line detail of the financial details related to a specific real estate transaction such as the fees paid by the seller and the buyer for a purchase transaction or the fees paid by the borrower for refinances.
A document that provides an itemized listing of the funds that are payable at closing. Items that appear on the statement include real estate commissions, loan fees, points, and initial escrow amounts. Each item on the statement is represented by a separate number within a standardized numbering system. The totals at the bottom of the HUD-1 statement define the seller's net proceeds and the buyer's net payment at closing. The blank form for the statement is published by the Department of Housing and Urban Development (HUD). The HUD-1 statement is also known as the "closing statement" or "settlement sheet."
A document that provides an itemized listing of the funds that are payable at closing. Items that appear on the statement include real estate commissions, loan fees, points, and initial escrow amounts. Each item on the statement is represented by a separate number within a standardized numbering system. The totals at the bottom of the HUD-1 statement define the seller's net proceeds and the buyer's net payment at closing. Also referred to as the Settlement Statement. A published interest rate against which lenders measure the difference between the current interest rate on an adjustable rate mortgage and that earned by other investments, which is then used to adjust the interest rate on an adjustable mortgage up or down.
See "HUD I Settlement Statement".
A document that provides an itemized listing of the funds that are payable at closing. Items that appear on the statement include real estate commissions, loan fees, points, and initial escrow amounts. Each item on the statement is represented by a separate number within a standardized numbering system. The totals at the bottom of the HUD-1 statement define the seller's net proceeds and the buyer's net payment at closing. Hybrid ARM (3/1 ARM, 5/1 ARM, 7/1 ARM) A combination fixed rate and adjustable rate loan - also called 3/1,5/1,7/1 - can offer the best of both worlds. A lower interest rates (like ARMs) and a fixed payment for a longer period of time than most adjustable rate loans. For example, a "5/1 loan" has a fixed monthly payment and interest for the first five years and then turns into a traditional adjustable rate loan, based on then-current rates for the remaining 25 years. It's a good choice for people who expect to move or refinance, before or shortly after, the adjustment occurs.
Also referred to as a "closing statement" or "settlement sheet." A document that provides an itemized listing of the funds that are payable at closing. Items that appear on the statement include commissions, loan fees, points and initial escrows. Installment Payment The regular periodic payment that a borrower contractually agrees to make to a lender.
Also known as the " settlement statement", It itemizes all closing costs; must be given to the borrower at or before closing and is signed by both the buyer and seller.
A document with an itemized listing of closing costs payable at the closing or settlement meeting when buying property. The closing costs can include a commission, loan fees and points, and sums set aside for escrow payments, taxes and insurance. It is signed by both the buyer and the seller, who may be paying some of the closing costs. The statement form is published by the Department of Housing and Urban Development (HUD). Back
Document providing a list of funds to be paid at the time of closing, such as real estate commissions, loan fees, points, and initial escrow amounts. The totals of this statement define the net proceeds to the seller and the net payments to be made by the buyer.
A document that provides an itemized listing of the funds that are payable at closing. Items that appear on the statement include real estate commissions, loan fees, points, and initial escrow amounts. Each item on the statement is represented by a separate number within a standardized numbering system. The totals at the bottom of the HUD-1 statement define the seller's net proceeds and the buyer's net payment at closing. ncome property: Real estate developed or improved to produce income. ndex: A number used to compute the interest rate for an adjustable-rate mortgage (ARM). The index is generally a published number or percentage, such as the average interest rate or yield on Treasury bills. A margin is added to the index to determine the interest rate that will be charged on the ARM. This interest rate is subject to any caps that are associated with the mortgage. n-file credit report: An objective account, normally computer-generated, of credit and legal information obtained from a credit repository. nitial interest rate(Start Rate) : The original interest rate of the mortgage at the time of closing. This rate changes for an adjustable-rate mortgage (ARM).