Understanding Your HUD-1 Statement with ENTITLE DIRECTThe closing process for any real estate transaction can cause anxiety in even the most experienced of buyers. A great deal of this anxiety is rooted in the fact that consumers do not know all of the fees they are going to be charged at closing, which leads to consumers not knowing the exact amount of funds they need to bring to the closing table. At ENTITLE DIRECT, we believe consumers should enter their closing informed of the closing costs, and completely aware of the exact amount of funds needed to close the transaction.
In our research, we discovered that a majority of consumers were unaware of the types of services they were being charged for as well as the amounts associated with each service. ENTITLE DIRECT rejects this practice and is committed to providing consumers with a transparent closing.
To assist our customers, we provide a draft HUD-1 Settlement Statement that is constantly updated as new closing cost information becomes available. This provides our customers the ability to remain completely informed of any progress involving the transaction.
At the bottom of this page is a link to a blank HUD-1 Settlement Statement. We encourage you to call one of our Closing Specialists so you can better understand every aspect of this document. Buying or refinancing a home is likely the most important financial transaction you will have. At ENTITLE DIRECT, we are determined to arm you with all of the knowledge you need to ensure you understand every aspect of the transaction.
Click here to download a blank copy of the HUD-1 Settlement Statement .