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Your credit or charge (points) for the specific interest rate chosen (from GFE #2) $ ... HUD-1A. Previous editions are obsolete. Page 1 of 2. OMB Approval No.
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HUD-1A is a form used in real estate transactions to itemize all charges and credits to the buyer and seller as part of the closing process.
The settlement agent is typically responsible for completing and filing the HUD-1A form.
HUD-1A should be filled out by the settlement agent based on information provided by the buyer, seller, real estate agents, and lenders involved in the transaction.
The purpose of HUD-1A is to provide a detailed breakdown of the financial aspects of a real estate transaction to ensure transparency and accuracy in the closing process.
HUD-1A must include information such as the purchase price, loan amount, closing costs, prorated expenses, and any adjustments or credits for the buyer and seller.
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