Mortgage Loans

[DallasLoanGuy]

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

[playboy]

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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

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

[Sunshine85]

The title company prepares the HUD.