Loan Fees on the HUD-1 Real Estate Settlement Statement

There are a number of line items that can show up in the 800 series on the HUD-1 Settlement Statement. These will be fees charged to the borrower for services connected with the loan.

Usually valid, some have been referred to as "junk fees." However, many are simply costs incurred by the lender in getting the loan processed and they're passed on to the borrower as line items in this section. These can include charges for:

Credit Report

Lender Inspection

Funding and Review

Mortgage Insurance Application

Tax Services

Flood Certification

Document Preparation

Wire Transfer

Rate Locks or Extensions

These charges are normally DEBITS to the Buyer showing up in the left column, "Paid from Borrower's Funds at Settlement."