Trident Land Transfer Company

Title Insurance Solutions for Homebuyers

856-795-4300 - New Jersey

610-889-7660 - Pennsylvania

302-892-6210 - Delaware

☑ ALTA Best Practices Certified

  • Home
  • Title Rate Calculator
  • Resources
    • Continuing Education for Seasoned Pennsylvania Agents
    • Continuing Education for Pennsylvania Agents, First-Time License Renewal
    • Enhanced Title Policy
    • Owner’s Title Policy
    • Title FAQ
    • Newsletter
  • About
    • Our Team
    • Offices
    • Services
    • Testimonials
    • Careers
  • Contact
You are here: Home / The Closing Disclosure, Page 2

The Closing Disclosure, Page 2

After 8-1-2015, the new Closing Disclosure will be the primary settlement document for residential real estate transactions. The new disclosure replaces the familiar HUD-1 and Truth-In-Lending Statement (TIL), combining most of the information from these documents.

The five-page Closing Disclosure does away with the old HUD numbering system, breaking out payments and charges into several sections on three pages and incorporating loan-related disclosures on two additional pages. Here’s a brief summary of each section.

LOAN COSTS
This section includes any origination charges and services the borrower did not shop for, such as Appraisal Fees and the Credit Report Fee. This also includes services they can shop for including the Title and Survey.
arrow-310633_640
OTHER COSTS
The section includes taxes and government fees, and also includes the Real Estate Commission and the fee for the Owner’s Title Insurance Policy. Note that the Owner’s Title Insurance is marked as “optional.” We will have more about this topic in another section.arrow-310633_640
TOTAL CLOSING COSTS
Total costs of the transaction. Lender credits are included in this section.
arrow-310633_640

Closing Disclosure, Page 2

Go to Page 3 Review

About Trident

The market leader for more than 30 years, Trident Land Transfer serves buyers, sellers, realtors and attorneys with Title Insurance and Closing Services throughout Pennsylvania, New Jersey and Delaware.

Our reputation allows us to attract and retain the most qualified and experienced title professionals - assuring you an accurate, timely and successful transaction.

Contact Us

856-795-4300 - New Jersey

610-889-7660 - Pennsylvania

302-892-6210 - Delaware

Accessibility
Copyright 2019 | WordPress Real Estate Websites
Privacy Policy | Sitemap | Admin | Log in