What is the HUD-1 real estate settlement statement form?


HUD-1 real estate settlement statement form is used to itemize all charges involved in a real estate transaction. It is supposed to resemble charges listed on the Good Faith Estimate; however, often HUD-1 statement lists higher costs.

Per RESPA the buyer has to receive a HUD-1 at least one day before closing.

HUD-1 Real Estate Settlement Statement Form Sections

  • POC (Paid Outside of Closing) fees are paid prior to the closing.
  • 700 Agency Commissions: Shows commission paid to real estate agencies.
  • 800 Items Payable in Connection with Loan: Lists lender/broker fee, discount points, appraisal and credit report fees, etc.
  • 900 Items Required by Lender to be Paid in Advance: Shows charges typically paid by the buyer.
  • 1000 Reserves Deposited with Lender: Includes escrow funds - homeowners insurance and property taxes.
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