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HUD-1 & GFEHUD-1A HUD -1 Statement is a document prepared by a closing agent describing a real estate transaction, including the escrow deposits for taxes, commissions, loan fees, points, hazard insurance, and mortgage insurance. also called closing statement or settlement sheet.
GFEA Good Faith Estimate ("GFE") is a document prepared and issued by a lender, when applying for a loan that provides you with an advance estimate of your settlement charges and loan terms.
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