Settlement Statement Page 2
ADVERTISEMENT
1
2
3L. Settlement Charges
Paid From
Paid From
700.
Total Real Estate Broker Fees
Division of commission(line 700) as follows:
Borrower's
Seller's
701.
REMAX CLASSIC
Funds at
Funds at
$7,500.00
to
702.
Robin Kemmerer Assoc., Inc.
Settlement
Settlement
$7,500.00
to
703.
Commission paid at settlement
15,000.00
704.
BROKER SERVICE FEE
to REMAX
525.00
705.
BROKER SERVICE FEE
to ROBIN KEMMERER
250.00
706.
CERTIFICATION FEES
to ROBIN KEMMERER
55.00
800.
Items Payable in Connection with Loan
801.
Our origination charge
$1,000.00
(from GFE #1)
802.
Your credit or charge (points) for the specific interest rate chosen
$2,000.00
(from GFE #2)
803.
Your adjusted origination charges
(from GFE A)
3,000.00
804.
Appraisal fee
(from GFE #3)
300.00
to ABC APPRIASAL
805.
Credit report
(from GFE #3)
15.00
to ORCRECO
806.
Tax service
(from GFE #3)
to ORTAXSERV
95.00 P*B
807.
Flood certification
(from GFE #3)
5.00
to ORTRIS
808.
to
900.
Items Required by Lender to be Paid in Advance
901. Daily interest charges from
from 01/10/2010 to 01/31/2010 @ $27.6200/day
(from GFE #10)
580.02
902. Mortgage Ins. Premium
for
(from GFE #3)
months to
903. Homeowner's insurance for
for 12 months to USAA Federal Savings Bank
(from GFE #11)
1,111.00
904.
months to
(from GFE #11)
1000.
Reserves Deposited with Lender
1001.
Initial deposit for your escrow account
(from GFE #9)
1,345.16
1002.
Homeowner's insurance
2
$185.16
months @ $
92.58/month
1003.
Mortgage Insurance
$0.00
months @ $
0.00/month
1004.
City Property Tax
2
$50.00
months @ $
25.00/month
1005.
County Property Tax
2
$110.00
months @ $
55.00/month
1006.
Assessments
$0.00
months @ $
0.00/month
1007.
SCHOOL TAXES
10
$2,500.00
months @ $
250.00/month
1008.
Aggregate Adjustment
$-1,500.00
1100.
Title Charges
1101. Title services and lender's title insurance
(from GFE #4)
1,484.87
***
1102. Settlement or closing fee
$150.00
to 1234 CLOSING COMPANY
1103. Owner's title insurance
Owner's title insurance
(from GFE #5)
450.00
1104. Lender's title insurance
Lender's title insurance
$1,222.87
1105. Lender's title policy limit $150,000.00
1106. Owner's title policy limit $250,000.00
1107. Agent's portion of the total title insurance premium
Agent's portion of the total title insurance premium
$1,358.19
1108. Underwriter's portion of the total title insurance premium
Underwriter's portion of the total title insurance premium
$314.68
1109. NOTARY FEE
$25.00
10.00
10.00
to KRIS KRINGLE
1200.
Government Recording and Transfer Charges
1201. Government recording charges
(from GFE #7)
180.00
1202.
75.00
Deed $55.00
Mortgage $125.00
Release $75.00
1203. Transfer taxes
(from GFE #8)
2,500.00
1204.
City/County tax/stamps
Deed $2,500.00
Mortgage $0.00
1205.
State Tax/stamps
2,500.00
Deed $2,500.00
Mortgage $0.00
1206.
Deed $0.00
Mortgage $0.00
1207.
1208.
1300.
Additional Settlement Charges
1301.
Required services that you can shop for
(from GFE #6)
526.00
1302.
to
1303. Pest Inspection
330.00
to BUG OUT EXTERMIANTORS
1304. HEATER WORK
500.00
to CHILLY WILLY HEATING
1305. CAPITAL CONTRIB FEE
1,500.00
to HOLY COW COMMUNITY ASSN
1306. CREDIT CARD PAYOFF
525.00
to WE CHEAT 'EM FINANCIAL
1307. SURVEY
$526.00
to UP THE LANE
14,047.05
18,720.00
1400.
Total Settlement Charges (enter on lines 103, Section J and 502, Section K)
*Paid outside of closing by (B)orrower, (S)eller, (L)ender, (I)nvestor, Bro(K)er.
Previous editions are obsolete
Page 2 of 3
HUD-1
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Legal