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Hud 1 Form

The Hud 1 Form is the the settlement statement form used for most real estate closings in the United States. It is also sometimes referred to as Hud-1 Form.

The official name, Hud-1 Settlement Statement, comes from the form promulgated by the United States Department of Housing and Urban Development (HUD). The form is sometimes also referred to as a "RESPA form" or "RESPA Closing Statement", named after the federal Real Estate Settlement Procedures Act or simply referred to as a "closing statement" or "real estate closing statement". For more information on RESPA, see http://www.hud.gov/offices/hsg/sfh/res/respa_hm.cfm

Alta Star HUD LITE is a real estate closing software application and program which automates the calculations and preparation of the Hud 1 Form. It is also useful for mortgage loan closings.

The official Line-by Line Instructions for Preparing the Hud 1 Form are located at: http://www.hud.gov/offices/hsg/sfh/res/rsphud1inst.pdf

To view the HUD LITE Program Help Menu, click here

 

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Alta Star Software, Inc.  7700 N. Kendall Dr. Suite 612 Miami, FL 33156 (877) 279-8898 Email:  questions@altastar.com