HUD-1 Closing Statements

Section L on a HUD-1 Settlement Statement contains detailed information about the financing and processing of the sale or refinancing of the home. Section L: 700. Total Sales/Brokers Commission Based on Price: This line shows the total amount of the real estate brokers commission charges. Section L: 800. Items Payable in Connection with Loan: This … Continue reading HUD-1 Closing Statements