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Sections 210-220, 510-520
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Fields in view Enter/Edit information Calculations Modules |
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Entering/Editing information on the HUD
- Enter the file number of the HUD if you have not done so already.
- Proceed through the form by entering party information, text descriptions, calculation boxes and dollar values where necessary.
- Pressing TAB at the end of a page will send you to the next tab. To move to the next section, click the Next Page button at the top of the screen.
- Click the Save button to save the form.
- Place the cursor in the field you want to edit.
- Highlight the existing information and hit the delete key on the keyboard. Enter the new description or amount.
- TAB through the field and the remaining line items to ensure all updates are completed (* to clear out an entire section of the HUD, click the Clear All button located at the top of the form view).
- To save information at any time to the HUD, click the Save button located at the top of the form view.
Calculations Calculation Adjustments for Items unpaid by Seller
This calculation deals with the Adjustments for items unpaid by the seller in advance. The result of this calculation determines how much the borrower does not owe to the seller for fees, which are paid in advance, for payments that will wholly or partially accrue after the borrower has assumed ownership of the property. This calculation uses the annual, semi-annual, quarterly or monthly basis in reference to the proration, settlement or the date of your choice. The following table below describes the field name, size and the description.
| Field Name | Field Size | Field Description |
|---|---|---|
| Periodic amount | 12.2 numeric | Amount to be calculated |
| Basis choice | Click proper choice | Annually, semi-annually, quarterly, monthly |
| Date choice | Click proper choice | Proration, loan, other |
| Other date | mm/dd/yy | If "other" date is chosen |
| "To" date | mm/dd/yy | Date which ends the period |
(TOP)
Sections 210-220, 510-520 Fields
| Field | Size | Description |
|---|---|---|
| J210 Total | 12.2 (Numeric) | Monetary Value |
| J211 “From” Date | mm/dd/yy | Date Field |
| J211 “To” Date | mm/dd/yy | Date Field |
| J211 Total | 12.2 (Numeric) | Monetary Value |
| J212 “From” Date | mm/dd/yy | Date Field |
| J212 “To” Date | mm/dd/yy | Date Field |
| J212 Total | 12.2 (Numeric) | Monetary Value |
| J213 Description | 40 (Any Character) | Description |
| J213 “From” Date | mm/dd/yy | Date Field |
| J213 “To” Date | mm/dd/yy | Date Field |
| J213 Total | 12.2 (Numeric) | Monetary Value |
| J214 Description | 40 (Any Character) | Description |
| J214 “From” Date | mm/dd/yy | Date Field |
| J214 “To” Date | mm/dd/yy | Date Field |
| J214 Total | 12.2 (Numeric) | Monetary Value |
| J215 Description | 40 (Any Character) | Description |
| J215 Total | 12.2 (Numeric) | Monetary Value |
| J216 Description | 40 (Any Character) | Description |
| J216 Total | 12.2 (Numeric) | Monetary Value |
| J217 Description | 40 (Any Character) | Description |
| J217 Total | 12.2 (Numeric) | Monetary Value |
| J218 Description | 40 (Any Character) | Description |
| J218 Total | 12.2 (Numeric) | Monetary Value |
| J219 Description | 40 (Any Character) | Description |
| J219 Total | 12.2 (Numeric) | Monetary Value |
| J220 Total | 12.2 (Numeric) | Monetary Value |
| K510“From” Date | mm/dd/yy | Date Field |
| K510“To” Date | mm/dd/yy | Date Field |
| K510 Total | 12.2 (Numeric) | Monetary Value |
| K511 “From” Date | mm/dd/yy | Date Field |
| K511 “To” Date | mm/dd/yy | Date Field |
| K511 Total | 12.2 (Numeric) | Monetary Value |
| K512 “From” Date | mm/dd/yy | Date Field |
| K512 “To” Date | mm/dd/yy | Date Field |
| K512 Total | 12.2 (Numeric) | Monetary Value |
| K513 Description | 40 (Any Character) | Description |
| K513 “From” Date | mm/dd/yy | Date Field |
| K513 “To” Date | mm/dd/yy | Date Field |
| K513 Total | 12.2 (Numeric) | Monetary Value |
| K514 Description | 40 (Any Character) | Description |
| K514 “From” Date | mm/dd/yy | Date Field |
| K514 “To” Date | mm/dd/yy | Date Field |
| K514 Total | 12.2 (Numeric) | Monetary Value |
| K515 Description | 40 (Any Character) | Description |
| K515 Total | 12.2 (Numeric) | Monetary Value |
| K516 Description | 40 (Any Character) | Description |
| K516 Total | 12.2 (Numeric) | Monetary Value |
| K517 Description | 40 (Any Character) | Description |
| K517 Total | 12.2 (Numeric) | Monetary Value |
| K518 Description | 40 (Any Character) | Description |
| K518 Total | 12.2 (Numeric) | Monetary Value |
| K519 Description | 40 (Any Character) | Description |
| K519 Total | 12.2 (Numeric) | Monetary Value |
| K520 Total | 12.2 (Numeric) | Monetary Value |
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