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Hud fees Example

At each mortgage transaction, whether it be purchase or refinance, a HUD Settlement Statement is prepared. The aforementioned statement is an accounting of all monies collected related to the mortgage. Items 801 thru 808 of the settlement statement are those collected by the person providing the mortgage. The following is a list of Items Payable In Connection with Loan:

801. Loan Origination Fee

802. Loan Discount

803. Appraisal Fee

804. Credit Report

805. Tax Service Fee

806. Document Preparation Fee

807. Flood Certification Fee

808. Doc Prep