HUD-1 Settlement Statement

The HUD-1 Settlement Statement is a U.S. real-estate closing form that lists charges and credits for the parties to a transaction. It is still relevant to some transactions, but for most mortgages it was replaced by the Closing Disclosure for applications made after October 3, 2015.

Reviewed September 2026

What the HUD-1 shows

The form itemizes amounts connected with a real-estate settlement, such as loan charges, title-related costs, taxes and other credits or debits. It gives the parties a detailed accounting of money moving through the closing.

Is the HUD-1 still used?

Yes, but not for most new mortgages. The Consumer Financial Protection Bureau says the Closing Disclosure replaced the HUD-1 for most mortgage loans for applications after October 3, 2015. HUD-1 forms are still used in certain situations, including reverse mortgages.

Why old HUD-1 forms still matter

Homeowners may need an old HUD-1 for tax records, cost-basis information, disputes or documentation of a past purchase, sale or refinance.

HUD-1 vs. Closing Disclosure

Both documents summarize closing-related financial details, but the Closing Disclosure is the current form used for most covered mortgages. People researching a current mortgage closing will usually want information about the Closing Disclosure rather than the HUD-1.

Related concepts

• Mortgage
• Closing
• Settlement
• Real estate

Primary reference

For the formal definition and current regulatory context, see Consumer Financial Protection Bureau: HUD-1 Settlement Statement.