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#1688923 - 04/16/12 12:45 PM 2 HUD Questions
mdog76 Offline
Platinum Poster
Joined: Jan 2007
Posts: 645
Where do property taxes need to be listed on the HUD1A?

If a loan is not a RESPA loan, which settlement statement is needed? Does it matter?

Thanks for the help.

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Lending Compliance
#1688936 - 04/16/12 01:17 PM Re: 2 HUD Questions mdog76
RR Joker Offline
10K Club
RR Joker
Joined: Nov 2002
Posts: 20,654
The Swamp
Property taxes don't need to be listed, other than any required escrow. If you are requiring back taxes to be paid, show them on page 1, but you may have to use a 1 and not a 1A for that. [don't have one close by for reference]

If it's not a RESPA loan, you don't need one, use the old one, or omit page 3 from the new one.
_________________________
My opinion only. Not legal advice.

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#1688991 - 04/16/12 02:33 PM Re: 2 HUD Questions mdog76
ahkcompliance Offline
Diamond Poster
Joined: Sep 2008
Posts: 2,471
Midwest
If a loan is not subject to RESPA, I know our software provides us with a Disbursement Authorization.

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