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Super Contributor
DallasLoanGuy
Posts: 6,187
Registered: ‎07-03-2007
0

Re: When Should I Be Able to View the HUD-1 Statement? Industry Standard Timeframe

you get the hud-1 when it is ready

 

can be 1 minute before closing or 2 weeks before closing.

 

problem is, easy loans get pushed to the side sometimes in an effort to manage the loan pipeline.... so an easy 2 week deal takes 3 because someone else's hard deal needs more underwriter attention. for this reason, the hud-1 comes out last minute usually.

 

your lender can better answer your question

 




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Regular Contributor
playboy
Posts: 208
Registered: ‎04-15-2009
0

Re: When Should I Be Able to View the HUD-1 Statement? Industry Standard Timeframe

[ Edited ]

DallasLoanGuy wrote:

you get the hud-1 when it is ready

 

can be 1 minute before closing or 2 weeks before closing.

 

problem is, easy loans get pushed to the side sometimes in an effort to manage the loan pipeline.... so an easy 2 week deal takes 3 because someone else's hard deal needs more underwriter attention. for this reason, the hud-1 comes out last minute usually.

 

your lender can better answer your question

 


Thanks Dallas.  So is it the underwriter that is responsible for completing the HUD-1?


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Frequent Contributor
Sunshine85
Posts: 367
Registered: ‎01-14-2012
0

Re: When Should I Be Able to View the HUD-1 Statement? Industry Standard Timeframe

The title company prepares the HUD.

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