Estimated Hud 1 Worksheet. Mortgage providers will often use a worksheet to provide a borrower with a rough estimate of the likely closing costs, which the borrower can use as they are comparing lenders. A Housing and Urban Development (aka HUD) statement is a document prepared by a closing agent that provides an itemized listing of funds that are paid at closing.
This form is to be used as a statement of actual charges and adjustments paid.
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Learn vocabulary, terms and more with flashcards, games and other study tools. Mortgage providers will often use a worksheet to provide a borrower with a rough estimate of the likely closing costs, which the borrower can use as they are comparing lenders. Filled out by settlement agent, and will conduct a settlement that itemizes all payments and fees for the actual settlement services periods.
