Skip to content

Disbursement Date Required on HUD?

Answered by: 

In addition to the settlement date, is a disbursement/funding date required on the HUD-1?

Section I. Fill in date of settlement.

First published on 4/30/12

Editor's Note 3/11/2016: The link is to Appendix A. If you check out the instructions for Section I, you'll see only "Fill in date of settlement." Settlement is defined in 1024.2 as the signing of the deed, note and mortgage deed and any related paperwork. There is no request on the form for the date of disbursement. The disbursement date is something that Regulation Z is concerned with; the old RESPA regulation didn't ask for it.

First published on 04/30/2012

Last updated on 3/11/16

Filed under: 

Banker Store View All

From training, policies, forms, and publications, to office products and occasional gifts, it’s available here:

Banker Store

hot right now

image description

Looking for effective, convenient training on a particular subject?

BOL Learning Connect offers more than 200 courses ON-DEMAND or on CD ROM from AML to Reg Z and every topic in between.

Search Topics