HUD-1, HUD-1A RESPA Settlement Statement Software with Closer's Reconciliation
Promotion Price: $99/year.The Real Estate Settlement Procedures Act (RESPA) is a consumer protection statute, first passed in 1974. One of its purposes is to help consumers become better shoppers for settlement services. Another purpose is to eliminate kickbacks and referrals fees that increase unnecessarily the costs of certain settlement services. RESPA requires that borrowers receive disclosures at various times. Some disclosures spell out the costs associated with the settlement, outline lender servicing and escrow account practices and describe business relationships between settlement service providers.
HUD-1 Settlement Statement
Our software automates preparation and printing of the HUD-1, HUD-1A RESPA Settlement Statement forms. This program displays the entire form on the screen in a scrollable format. The information is entered from your keyboard as it would be typed on the form itself. Addendum pages add additional lines. The software does all the math related to the HUD-1, HUD-1A RESPA Settlement Statements; from tax prorations, to interest calculations, to recording fees, loan discounts, aggregate escrow adjustment and more. All calculations are updated instantly as the data is entered. You can override all calculated results to produce the final output you need.
A cash reconciliation or recapitulation is also prepared. This helps the closing agent be sure that all entries on the statement are properly handled and that money received equals money disbursed, or paid out.
The HUD-1 RESPA Settlement Statement prints the complete HUD-1 and forms on plain letter or legal size paper with any windows supported printer. Print preview is also available. The resulting printed product has a commercially prepared appearance. Data entered may be stored/saved anywhere on your hard drive or to external diskettes as a .hud file for quick retrieval.
HUD-1A Software
HUD-1A is an optional form used in transactions without a seller, such as a refinancing. Software includes three addendum pages for additional lines for the HUD-1A form.
Additional features include:
- FREE Technical Support
- Federally compliant and easy-to-complete.
- FREE downloadable trial. We can provide a passcode to register the software for 30 days at no cost.
- Closer's Reconciliation Statement
- Sure-store client management system
- Built-in Help.
- Addendum Page for Additional Lines
- Option to print Borrower's closing statement or Seller's closing statement.
- Create and store common lenders and settlement agent names for quick retrieval.
- Option to print separate signature page with two (2) lines for complicated signatures.
- Easily transport data from one computer to another or across a network.
- Simple tax prorate software built-in.
- Override text on the form itself or set text as default.
- Option to create PDF files.
The software has a lot of other great features.
30-Day Unconditional Money-Back Guarantee!
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