Settlement Statement

Type of Loan File Loan # Case#
Name and Address of Borrower
Name and Address of Seller
Name and Address of Lender
Property Location
Settlement Agent and Time and Place of Settlement
Settlement Date

SUMMARY OF BORROWER'S TRANSACTION

SUMMARY OF SELLERS TRANSACTION

Gross Amount Due From Borrower

Gross Amount Due to Seller

Contract Price

 

Contract Price

 

Personal Property

 

Personal Property

 

Settlement charges to borrower

     

Adjustments for items paid by seller in advance

Adjustments for items paid by seller in advance

City/town taxes

 

City/town taxes

 

County taxes

 

County taxes

 

Assessments

 

Assessments

 
       

GROSS AMOUNT DUE FROM BORROWER

 

GROSS AMOUNT DUE TO SELLER

 

Amounts Paid for by or in behalf of Borrower

Reductions in amounts due to seller

Deposit or earnest money

 

Excess Deposit

 

Principal amount of new loan

 

Settlement charges to seller

 

Existing loans taken subject to:____________

 

Existing loans taken subject to:__________

 
   

Payoff of first mortgage loan to:

 

Adjustments for items unpaid by seller

Adjustment for items unpaid by seller

City/town taxes

 

City/town taxes

 

County taxes

 

County taxes

 

Assessments

 

Assessments

 
       

TOTAL PAID BY/FOR BORROWER

  TOTAL REDUCTIONS IN AMOUNT DUE SELLER  

Cash at settlement from/to borrower

 

Cash at settlement to/from seller

 

Gross amount due from borrower

 

Gross Amount due to seller

 

Less Amount paid by/for borrower

 

Less reductions in amount due seller

 

CASH FROM TO BORROWER

 

CASH FROM TO SELLER

 

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