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Real Estate Closing Statement Software

Real Estate Closing Statement Software is used for most real estate closings in the United States. Real Estate Closing Statement Software is used to prepare the Hud-1 Settlement Statement.

The official form name comes from the Hud-1 Settlement Statement form promulgated by the United States Department of Housing and Urban Development (HUD). The form is sometimes also referred to as a "RESPA form" or "RESPA Closing Statement", named after the federal Real Estate Settlement Procedures Act or simply referred to as a "closing statement" or "real estate closing statement". For more information on RESPA, see http://www.hud.gov/offices/hsg/sfh/res/respa_hm.cfm

Alta Star HUD LITE is a real estate closing software application and program which automates the calculations and preparation of the Hud-1 Settlement Statement. It is also useful for mortgage loan closings, a common use for real estate closing statement software.

The official Line-by Line Instructions for Preparing the Hud-1 form, useful even when using Real Estate Closing Statement Software, are located at: http://www.hud.gov/offices/hsg/sfh/res/rsphud1inst.pdf

To view the HUD LITE Program Help Menu, click here

 

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Alta Star Software, Inc.  7700 N. Kendall Dr. Suite 612 Miami, FL 33156 • (877) 279-8898 • Email:  questions@altastar.com