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Home My WebLink AboutFinal Statement y f; . OMB Approval No.2502-0265 A. Settlement Statement B. Type of Loan 1-5. Loan Type Conv.Unins. First American Title Company s. File Number 4010-2765645 Final Statement 7. Loan Number 5300055291 _ _. _ 8. Mortgage Insurance Case Number C. Note: This form is furnished to give you a statement of actual settlement costs.Amounts paid to and by the settlement agent are shown,items marked"(POC)'were paid outside this closing;they are shown here for informational purposes and are not included in the totals. D. Name of Borrower: Andrew L.James,Carol A.James 1348 Jasmine Place,Arroyo Grande,CA 93420 E. Name of Seller: F._ Name.of Lender First Nat ona!-Bank-of-/-rizona - -_ __ - _. - - - - - --- 1665 West Alameda Drive Tempe,AZ 85282 G. Property Location: 1348 Jasmine Place,Arroyo Grande,CA 93420 ' H. Settlement Agent:First American Title Company 1. Address:104 Traffic Way,Arroyo Grande,CA 93420 Settlement Date: 0710312007 Place of Settlement Address:104 Traffic Way,Arroyo Grande,CA 93420 Print Date: 0710312007,10:22 AM Disbursement Date: 0710312007 J. Summary of Borrower's Transaction K. Summary of Seller's Transaction 100. Gross Amount Due From Borrower - 400. Gross Amount Due To Seller- 101. Contract Sales Price - 401. Contract Sales Price - 102. Personal Property 402. Personal Property 103. Settlement charges to borrower(line 1400) 4,290.75 403. Total Deposits 104. Supplemental Summary - • 324,869.73 404. 105. 405. Adjustments for items paid by seller in advance Adjustments for items paid by seller in advance 106. Cityltown taxes 406. City/town taxes 107. County taxes 407. County taxes 108. Assessments 408. Assessments 109. 409. 110, 410. 111. 411. 112. 412. 113. 413. 114. 414. 115. 415. 120.Gross Amount Due From Borrower 329,160.48 420. Gross Amount Due To Seller 200. Amounts Paid By Or In Behalf of Borrower 500. Reductions In Amount Due to Seller 201. 'Deposit or earnest money 375.00 501. Excess deposit(see instructions) 202. Principal amount of new loan(s) 324,500.00 502. Settlement charges(line 1400) 203. Existing loan(s)taken subject 503. Existing loan(s)taken subject 204. Interest on New Loan from First National Bank of Arizona - 56.68 504. Payoff of first mortgage loan 205. Credit from broker from Island Mortgage 4,299.63 505. Payoff of second mortgage loan 206. 506. 207. 507. 208. 508. 209. 509. Adjustments for items unpaid by seller Adjustments for items unpaid by seller 210. City/town taxes 510. City/town taxes 211. County taxes 511. County taxes 212. Assessments 512. Assessments 213. 513 ---214. _ - - - _-_ 514. - -- - _- - .. -- 215. 515. 216. 516. 217. 517. 218. 518. 219. 519. 220. Total Paid By/For Borrower 329,231.31 520. Total Reduction Amount Due Seller 300. Cash At Settlement From/To Borrower 600. Cash At Settlement To/From Seller 301. Gross amount due from Borrower(line 120) 329,160.48 '601. Gross amount due to Seller(line 420) 302. Less amounts paid by/for Borrower(line 220) 329,231.31 602. Less reductions in amounts due to Seller(line 520) 303. Cash(From)(X To)Borrower 70.83 603. The HUD-1 Settlement Statement which I have prepared is a true and accurate account of this transaction. I have caused or will cause the funds to be disbursed in accor anc w t I s tement. - Settlement Agent: Date 7/3/U •See Supplemental Page for details. File No. 4010-2765645 L. Settlement Charges 700. Total SalesBroker's Commission based on price Paid From Paid From Division of Commission(line 700)as follows Borrower's Seller's 701. Funds at Funds at Settlement Settlement 702. 703. Commission paid at Settlement 704. 800. Items Payable in Connection with Loan 801. Loan Origination Fee 802. Loan Discount 803. Appraisal Fee -Island Mortgage 450.00 804. Credit Report -Island Mortgage 12.50 805. Lender's Inspection Fee 806. Mortgage Insurance Application Premium 807. Assumption Fee 808. Tax Service Fee-First National Bank of Arizona 59.00 809. Flood Certification Fee-First National Bank of Arizona 8.25 810. Underwriting Fee-First National Bank of Arizona _ - -- --699.00- - - -- 811. Yield Spread Premium-Island Mortgage POC$4,299.63 812. Loan Origination Fee-Island Mortgage 1,500.00 813. Processing Fee-Island Mortgage 395.00 814. Courier Fee-Island Mortgage 25.00 Supplemental Summary 900. Items Required by Lender to be Paid in Advance 901. Interest 902. 903. Hazard Insurance Premium for 904. 905. Supplemental Summary 1000. Reserves Deposited with Lender 1001. Hazard Insurance 1002. Mortgage Insurance 1003. City Property Taxes 1004. County Property Taxes 1005. Annual assessments 1006. 1007. 1008. Aggregate Accounting Adjustment 1100. Title Charges 1101. Settlement or closing fee 1102. Abstract or title search 1103. Title examination 1104. Title Insurance Binder 1105. Document Fee 1106. Notary Fee 1107. Attorney Fee (includes above item numbers:) 1108. Title Insurance-See supplemental page for breakdown of individual fees and payees 1,055.00 (includes above item numbers: ) 1109. Lender's coverage$324,500.00 1110. Owner's coverage$0.00 1111. 1112. 1113. 1114. 1115. 1116. 1117. 1200. Government Recording and Transfer Charges 1201. 'Recording fees: Deed$0.00 Mortgage$87.00 Release$0.00 87.00 1202. City/county tax/stamps: 1203. State taxlstamps: 1204. 1205. 1206. 1300. Additional Settlement Charges 1301. Survey to 1302. Pest Inspection to 1303. __ _ 1305. • 1306. 1307. 1308. 1309. 1310. 1311. 1312. 1313. 1314. Supplemental Summary 4,290.75 1400. Total Settlement Charges(enter on lines 103,Section J and 502,Section K) •See Supplemental Page for details. r File No. Supplemental Page 4010-2765645 HUD-1 Settlement Statement First American Title Company Loan No. Final Statement 5300055291 Settlement Date: 07103/2007 Borrower Name&Address: Andrew L.James,Carol A.James 1348 Jasmine Place,Arroyo Grande,CA 93420 Seller Name&Address: Paid From Paid From Section L.Settlement Charges continued Borrower's Seller's Funds at Funds at Settlement Settlement 1108. Supplemental Summary 1,055.00 a)Eagle OneRate(inc.1108/Title Ins and 1101/Escrow)-First American Title Company 1,055.00 1201. Supplemental Summary 87.00 a)Record Mortgage-1-First American Title Company _ 68.00 b)Record Subordination Agreement-First American Title Company 19.00 Section J. Summary of Borrower's Transaction continue 100. Gross Amount Due From Borrower Borrower Charges Borrower Credits 104. Supplemental Summary 292,664.69 a)Principal Balance -Wells Fargo 290,336.78 Interest on Payoff Loan 06/29/07 to 07/06/07 @$63.640000/day 509.12 Statement/Forwarding Fee 30.00 Recording Fee 7.00 Interest due from 6/1 to 6/29 1,781.79 104. Supplemental Summary 32,205.04 b)Principal Balance -Golden One Credit Union 31,654.48 Interest on Payoff Loan 06/27/07 to 07/06/07 @$6.322000/day 63.22 Statement/Forwarding Fee 30.00 Reconveyance Fee - - - 14.00 Prepayment Penalty 250.00 Update Fee 10.00 Interest to 6/27 183.34 200. Amounts Paid By Or In Behalf of Borrower 201. Supplemental Summary 375.00 a)Closing Costs 375.00 The following Section is restated from the Settlement Statement Page 1 300. Cash At Settlement From/To Borrower 600. Cash At Settlement To/From Seller 301. Gross amount due from Borrower(line 120) 329,160.48 601. Gross Amount due to Seller(line 420) 302. Less amounts paid by/for Borrower(line 220) 329,231.31 601. Less reductions in amounts due to Seller(line 520) 303. Cash(From)(X To)Borrower 70.83 603. I have carefully reviewed the HUD-1 Settlement Statement and to the best of my knowledge and belief,it is a true and accurate statement of all receipts and distributions made on my account or by me in this transaction. I further certify that I have received a copy of the HUD-1 Settlement Statement.