HUD-1 settlement statement
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The HUD-1 Settlement Statement is a standard form which is used to itemize services and fees charged to the borrower by the lender or broker.
The borrower has the right to inspect the HUD-1 one day prior or day of settlement. The form is filled out by the settlement agent who will conduct the settlement.
Borrowers may compare their Good Faith Estimate to the HUD-1 Settlement Statement and ask their lender or broker about any changes.
