when do i get a closing disclosure 
the law requires that you receive your closing disclosure at least three days prior to closing closing disclosures are not applicable for reverse mortgages or mortgages before oct 3 2015 3the bottom linethe hud 1 form also known as the settlement statement is a standardized form used in real estate transactions in the united states it itemizes all charges and credits involved in the transaction including loan fees settlement charges and escrow payments providing a detailed breakdown of the financial aspects of the deal for both the buyer and the seller 