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Settlement cost booklet January 2014This booklet was initially prepared by the U.S. Department of Housing and Urban Development. The
Consumer Financial Protection Bureau
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What is settlement cost booklet?
The settlement cost booklet is a document that details the costs associated with a real estate transaction.
Who is required to file settlement cost booklet?
Real estate agents, brokers, and mortgage lenders are required to file the settlement cost booklet.
How to fill out settlement cost booklet?
The settlement cost booklet should be filled out with accurate information regarding the costs involved in a real estate transaction.
What is the purpose of settlement cost booklet?
The purpose of the settlement cost booklet is to provide transparency and clarity regarding the financial aspects of a real estate deal.
What information must be reported on settlement cost booklet?
Information such as closing costs, loan fees, appraisal fees, and title insurance costs must be reported on the settlement cost booklet.
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