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Mortgage Community Forums | Mortgage Problems and Solutions | SELLER CREDIT AT CLOSING

SELLER CREDIT AT CLOSING

Posted on: 29th Jun, 2007 12:12 pm
HI ALL,

QUCIK QUESTION. IF THE SELLER IS PAYING SOME CREDIT TOWARDS CLOSING COSTS, HOW DOES IT APPEAR IN THE CLOSING STATEMENT?

PLS HELP
These will be listed in the settlement charges section on HUD-1 statement under the heading - Paid from seller's funds at settlement.

Thanks
Anonymous
Posted on: 29th Jun, 2007 01:20 pm
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