Hud-1 Statement
Fannie Mae
Updated 10-31-2026
Hud-1 Statement
A mortgage guaranteed under Section 184 of the Housing and Community Development Act of 1992, which created the Native American Housing Loan Guarantee Fund.
Fannie Mae Glossary of Terms
Fannie Mae · p. 22
California Association of Realtors
Updated 10-31-2026
Hud-1 Statement
A document that provides an itemized listing of the funds that are payable at closing. Items that appear on the statement include real estate commissions, loan fees, points and initial escrow amounts. A separate number within a standardized numbering system represents each item on the statement. The totals at the bottom of the HUD-1 statement define the seller's net proceeds and the buyer's net payment at closing.
California Association of Realtors Glossary
California Association of Realtors · p. 7
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