CALCULATE YOUR HUD-1

 

In order to do a rough draft of your closing statement (HUD-1) we need certain information from you. Please provide that information in the boxes below, submit your request and we will e-mail you with your completed rough draft. If you have any questions at all, either e-mail us at questions@buyerstitle.com OR call us at 954-915-8450. If you have already obtained your mortgage, please have your GOOD FAITH ESTIMATE handy while answering these questions.

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  1. How much have you agreed to pay for your new home?
  2. In what County of Florida is the property located?        
  3. What is the expected date of your closing?                    
  4. Did you purchase any furniture or other personal items from the seller for additional money that is not reflected in the sales price? If so, how much?                 
  5. How much money have you placed in deposit?              
  6. Are you expecting to put more in deposit before closing? How much?                                                                          
  7. Are you taking out a mortgage? If so, how much?         
  8. What kind of Mortgage are you getting? (Conventional, VA or FHA)                                                                           
  9. Are you paying discount points? If so, how much?         
  10. Are you paying origination fees? If so, how much?         
  11. Are you still shopping for your mortgage? Would you like BUYER’S MORTGAGE to help you with your options? If YES, Click HERE.         
  12. How much interest will you be paying on your loan?       
  13. How many year Mortgage did you choose?                   
  14. What are your county property taxes going to be?          
  15. Are you assuming a mortgage? If so, how much?            
  16. What are the payments per month of THAT loan?          
  17. From your GOOD FAITH ESTIMATE (GFE), how much are you being charged or an appraisal fee?                                                                               
  18. Did you already pay this or will it be collected at closing?
  19. From your GFE, how much are you being charged for your Credit Report?                                                                         
  20. Did you already pay this or will it be collected at closing?                                                                         
  21. Have you already purchased Homeowners Insurance? How much is one year of premium?                                                                     
  22. Are you required to obtain PMI? (Private Mortgage Insurance)                                                                     
  23. Have you already purchased your Flood Insurance? How much per year?                                                                            
  24. Are there any Association Dues or recurring Annual expenses for your new home? How much per year                                                                              
  25. Are there any charges that the Seller has agreed to pay on your behalf? If so, which ones and how much?                                                                           
  26. Are there any charges that YOU have agreed to pay on the Seller’s behalf. If so, which ones and how much?