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A. Settlement Statement (HUD1) OMB Approval No. 25020265Preliminary HUD for informational purposes only B. Type of Loan 6. File Number7. Loan Number8. Mortgage Ins. Case Number. Note: This form is

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How to fill out preliminary hud for informational

How to fill out preliminary HUD for informational:

01

Begin by gathering all necessary information such as personal and contact details, property address, and financing details.

02

Fill in the section for the borrower's information, including their name, address, and social security number.

03

Provide details about the property being financed, including the address, type of property, and estimated value.

04

Provide information about the loan being applied for, such as the loan amount, interest rate, and estimated monthly payment.

05

Include any additional information required, such as details about the seller, real estate agent, or any special instructions.

06

Review the completed HUD thoroughly for accuracy and completeness before submitting it.

Who needs preliminary HUD for informational:

01

Homebuyers: Individuals who are planning to purchase a property and require financing from a lender will need to fill out a preliminary HUD to provide their financial and property details.

02

Lenders: Financial institutions and mortgage lenders will request borrowers to complete a preliminary HUD to assess their eligibility for the loan and to ensure all necessary information is provided.

03

Real estate agents: Agents involved in the buying or selling process may request their clients to fill out a preliminary HUD to facilitate the transaction and ensure all relevant information is documented accurately.

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