The HUD-1, also known as the settlement statement, is a prescribed form from the U.S. Department of Housing and Urban Development (HUD). This form itemizes all charges imposed on the borrower and all charges imposed on the seller in connection with the settlement of your real estate transaction.One business day before the settlement, you have the right to inspect your HUD-1 Settlement Statement.
The HUD-1 is filled out by the settlement agent who will conduct the settlement. The fully completed HUD-1 Settlement Statement generally must be delivered or mailed to you at or before the settlement. In cases where there is no settlement meeting, the escrow agent will mail you the HUD-1 after settlement, and you have no right to inspect it one day before settlement.
All loans subject to credit approval. Loan programs vary according to state, and are subject to change at any time. Diamond Mortgage, LLC will make every attempt to make any updates and corrections in a timely fashion. Diamond Mortgage, LLC is an Indiana based mortgage company (Indiana Loan License# 96-0222 LB). All mortgage transactions outside the state of Indiana are processed through Diamond Mortgage, LLC as a production office for Western Loan & Thrift .All information provided to Diamond Mortgage, LLC will not be sold or given to any third parties as we respect you privacy.
Diamond Mortgage, LLC 12998 Cirrus Drive Fishers, IN 46037
The HUD-1 Settlement Statement