Designed to teach students to recognize each field on the HUD-1 form and identify the requirements for completion. Includes a detailed explanation of each field and several examples that aim to clarify specific loan situations. While most loans originated after October 3, 2015 will use the Truth-in-Lending Integrated Disclosures (TRID) forms, some loans will still require a HUD-1.
Produced by Ellie Mae/ AllRegs®
After completing this course, students will be able to:
Mortgage loan closers, Settlement agents, Post closers, Loan processors.