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Dahasolnce [82]
4 years ago
10

Which type of loan will use a HUD-1 in place of a Closing Disclosure?

Law
1 answer:
bekas [8.4K]4 years ago
7 0

Answer:

The HUD-1 Settlement Statement is a document that lists all charges and credits to the buyer and to the seller in a real estate settlement, or all the charges in a mortgage refinance. If you applied for a mortgage on or before October 3, 2015, or if you are applying for a reverse mortgage, you receive a HUD-1.

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