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HUD1 Statement

HUD1 Statement

A HUD1 statement is also known as a "settlement sheet," or "closing statement." The HUD1 itemizes all the closing costs that are the borrower's responsibility. A HUD1 must be given to the borrower at or before closing. The HUD1 must include real estate commissions, all loan fees, any points the borrower is paying, and escrow amounts.

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