Completing the HUD 1
Course Number: HUD1
Course Code: ABA 325
Designed to teach students to recognize each field on the HUD-1 form and indentify 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.
After completing this course, students will be able to:
– Recognize each field on the HUD-1
– Identify requirements for completion of each field
Audience: Mortgage loan closers, Settlement agents, Post closers, Loan processors.