Preview
FILED: WESTCHESTER COUNTY CLERK 03/22/2022 05:03 PM INDEX NO. 60767/2018
NYSCEF DOC. NO. 1140 RECEIVED NYSCEF: 03/22/2022
HOULIHAN LAWRENCE
OPPOSITION TO MOTION TO CERTIFY
EXHIBIT 11
HL OPP. - EXHIBIT 11 - PAGE 1
FILED: WESTCHESTER COUNTY CLERK 03/22/2022 05:03 PM INDEX NO. 60767/2018
NYSCEF DOC. NO. 1140 RECEIVED NYSCEF: 03/22/2022
OMB Approval No
A. Settlement Statement (HUD-1)
B. Typ9 pf Loan
1.0 FHA 2.0 RHS 3.8 Conv. Unha Number
6.File 7. Loan Number 8. Mortgage Insurance Case Number
4.0 VA 5.0 Conv. Ins
C. Note: This form is fumished to give you a statement of actual settlement costs. Amounts paid to and by the settlement agent are shown. Items marked
"(p.o.c.T were pakl outside the absing¡ th y are shown here for informational purposes and are not included in the totals.
D. Name & Address of Bonower E. Name & Address of Seller: .,m ---.mm”-
Lot: m nt: I. Settlement Date:
Block : Funding Date:
J. Sununarv of Borrower's Transaction K. Summarv of Seller's
ransaction
199, Or9ttAm9unt Due From Borr9wer 400. Oross AmountDy, T999Mr
101. Contract sales orice 500 , 000 . o0
401. Contract sales orice 500, 000. 00
.102. Personal amnarty _ . 402. Personal property
17 , 430 . 09
403.
10), Settement charges t9 borrower (line 1400
104. 404.
105. 405.
Adiustmentsfor Items Dald by seller in allvance Adiustmentsfor Items paid by seNor in advance
106. Cityrtown taxes: 68. 77
406. City/town taxes: 68 . 77
to e
666. 70407. County taxes: 666. 70
107, Çngnty tpxeg:
to b
108. Assessments: 408. Assessments:
to to
109. 409.
110. 410.
111. 411.
112, 412.
Amount Due To Seller
518 ,165 . 56 420. 9ross 500,735. 47
120.Gross Amount Due From Borrower
200. AmountsPaid By Or In Behalf Of Berrower In Amount Due To Seller
600. Reductions
201. Deposit or eamest money Sor 000. 00 501. Excess deposit [
qeinstryclinns)
202. Principal amourstof new loants) 400.000.00 502. Settlement chames to seller Gine 14001 27, 000.00
203. Existina loan(s) taken subiact to 503. Existina loan(s) taken subject to
204. 504. Payoff of first mortgage Ioan
205. loan
505. Payoff of second mortgag
206. 506.
2Q7. 507.
208. 508.
209. 509.
Adlustmentsfor iteme uneald by seller Adiustmentsfor Items unnald by seller
210. City/town taxes: 510. CityAowntaxes:
to to
211. 99ynty tpmea: 511. Courtly (mgpr
to to
212. Assesaments: 512. Assessments:
to to
500.00 513. PCDC 500. 00
21% pgpg
214. 514.
215. 515.
216. 51§.
217. 517.
218. 518.
219. 519.
Pald BvfFor Borrower Amount
450, 500. 00 520. Total Reduction Due Sener 27, 500. 00
220. Total
FromITo Borrower
200. Cash At Settlement Te/From Seller
600. Cash At Settlement ..
518, 165 . $d 401. Gross amount due to seller (IIne 420) 500,735. 47
301. Gross Amount due from borrower (tine 120)
27,
450 , 500. 00 602. Less reductione in amount due seller dine 520) 500.00
302. Less arnounts D8id DVfforborrower fline 220)
303. Cash A From O To sorrower 67, 665 . 56 603. Cash
E To O From Seller 473, 235. 47
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Page 1 of 3 HilD-1
O 2009-2012 Easy SoA Previous editions are obsolete.
CONFIDENTIAL HL00007275
HL OPP. - EXHIBIT 11 - PAGE 2
FILED: WESTCHESTER COUNTY CLERK 03/22/2022 05:03 PM INDEX NO. 60767/2018
NYSCEF DOC. NO. 1140 RECEIVED NYSCEF: 03/22/2022
, 700. Total Real Estate Broker Feas Paid From Paid From
Divisl0n Of Commission Gina700) as follows: Borromers SeAers
701. $25 r 000.00 to Houlihan Lawrence Funds at Fuads at
702 9 to Settlement settlement
703. Commission paid at setsement 25,000, 00
704.
With L.opn
Ppyable In Connection
SQQ,Itgrp,
801.Ourorigination charge $1, 275.00 (from GFE #1)
2. Y d r chae oin s for t ifin n 1 500.00 from FE 82
' 2 715. 00
803. Your ad usted o
ination cha
es hom GF
804. raisal fee to from OFE#3
GFE#3 118.00
806. Tex service to (from GFE #3) 60.o0
808.
809.
010,
811.
900. Items RecuIred By Lander To Be Pald In Advance
7 /1/201
901. Daily interest charges from 6/24 /2013
49 $ 48 .61/dpy (frnm GFE #10) 340.27
902. Mortgage Insurance premium for 0
nonths to (from OFE #3)
903. Homeowners insurance for 0
year s to (from QFE #11)
904.
905.
1000. Reserves Deposited With Lender
1001. Initial deDositfor vour escrow account ffrom GFE #9) 1. 716. 86
1002. Homeowners insurance 3 months 9 100. 58per mo $301.14
1003. Mortgage insurance months 6 per mo S
1004. Property taxes 2 months 6 per
159 . 88 mo _ 319. 76
1005. SchoolTa× 2 months 9 490.10 per mo $980.20
1006. CountyTax 5 mon h_ 107. 87p rmo $539.95
1007. Aggregp e Adjustment 9-424 .19
1105. Landers title polcy Amit 5
1106. Owner's title policy limit S
1107. Agent's portion of the total insurance premium
S
remium
1108. Underwrter's portion of the total insuranceS
1109. Rider
s s Endor sements to 192. 00
1110. Title Fees to $611. 46
1111.
1700. OovernmentRecordingand Transfer C
1201. Govemment recordina charges (from GFE#7) 500.00
1202. Deed _ Mortgage 9500.00 Reing _
1203. Transfer taxes (from QFSse) 4 , 170.00
1204. City/County tax/stamps: Deed S Mortgage _ 4 , 170.00
Mortgage S 2 , 000.00
1205. State tax/stamps: Deed S2 , 000.00
1206. Landerpaid 1/ 4ptSir000. 00 S
1207. _
Settlement
1300. Additional Charges
1301 R quired services that you
n h fr mom GFE#e) 3r 307.00
1302. survey Inspection to $170. 00
1303.
1306.
1307.
1308.
17, 430.09 27,000.00
Charges (enter on lines 103, Section J and 602, Section K)
1400. Total Settlement
B' =Poid L* == Paidoutsideof dosingbylender
outsideof dosingby borrower rnadeon nur
staterrentof allreceiptsandcAsbursemanis
I haveearerdlyreviewedtheHUD-1Seltlementstatementendto he bestof myknamischeandbelief.Nis a trueandaccxarate
ve receiveda ocpyofthe HUD-1 ent.
Buyer/Borrower Geller
Buyer/Borrower Soner
7his SettlementStatementwhichrve preparedis withthis sistsment.
of t1istransaction.fw causedor willcausethefundsto becistmrsedinaccordance
6/2 4 /2013
ment Agent Date
mme u .
edStatesonthisor anyothersimilarform.PenalliesuponconuchoncanIncludea fineorImodsonment.
WARNING:it is a crimeto knowinolvmakefalse
y ' 4WD-1
"20oe-2012 Easysalt. Previouseditionsereo8ett
, Page2 ef3
CONFIDENTIAL HL00007276
HL OPP. - EXHIBIT 11 - PAGE 3
FILED: WESTCHESTER COUNTY CLERK 03/22/2022 05:03 PM INDEX NO. 60767/2018
NYSCEF DOC. NO. 1140 RECEIVED NYSCEF: 03/22/2022
.' '
. li3GlignMòh andHUD#CherWsMk
ihdPal9iEatimedelilF$) Meh $oed PalggiEstimateLM FMT
Charges That Cannot Increase HUD-1 Line Number
Our origination charge 8801 1,275.00 1,275.00
Your credit or charge (points) for the specific rate chosen #802 1,500.00 1,500.00
Your adjusted origination charges 8803 2,775.00 2,775.00
Transfer taxes #1203 4,170.00 4,170.00
Than 10%
Cha:ges"ThathtTsita1CanpkitincreassrMore .w Good à'althEstinuate UDA
Govemment recording charges #1201 430.50 500.00
Appraisal fee 8804 395.00 405.00
Credit report #805 46. 42 118.00
Tax service #806 80.00 80 .00
Flood certification #807 18.00 13.50
Title services and lenders title insurance $1101 2, 349.00 2, 267.46
Owners titleinsurance $1103 2, 570.00 2, 142.00
.4 4 . idv?W1 .4 -4Total 5, 888. 92 5, 525.96
& between GFE and HUD-1C -362.96 or -6.16%
Charges Thetipan Change . . N knD MM ·Good FaithEsthake hUIsinti¾i
86
for your escrow account
initialdeposit #1001 1, 715. 70 1, 716.
#901 340.27 340.27
Daily interest charges 0.00
Homeowners insurance #903 0.00
#1302 0 .00 170.00
Survey Inspection
SchoolTaxesDue #1304 0.00 2, 178.00
$1305 0.00 959.00
City Taxes Due
-oan Terms
Your initial loan amount is $400, 000.00
Your loan term is 30 Years
Your Initial interest rate is 4.375%
$1, 997.14
Your Initial monthly amount owed for principal. interest, and includes
any mortgage insurance is B Principal
B Interest
O Mortgage Insurance
Can your interestrate rise? %. The first change will be
S No. O Yes, it can rise to a maximum of
on again
and can change every after
rate can increase or decrease
. Every change date, yourinterest
by %. Over the Afeof the loan, your interest rate is guaranteed tonever be
lower than %.
% or higher than
B No. O Yes, it can rise to a maximum of $
Even if you make payments on time, can your loan balance rise? .
Even if you make payments on time, can your monthly and the monthly amount
B No. O Yes, the first increase can be on
amount owed for principal, interest, and mortgage insurance rise? .
owed can rise to $
The maximum It can ever rise to is $
.
Does your loan have a prepayment penalty? B .
No. O Yes, your maximum prepayment penalty is $
Does your loan have a balloon payment? B No. O Yes,youhavea balloon
paymentof$ due in
years on.
B You do not have a monthly escrow payment for items, such as property
Total monthly amount owedincluding escrow account payments
taxes and homeowners insurance. You must pay these items directly yourself.
payment of $
O You have an additional monthly escrow
. This includes
monthly amount owed of $
that results in a totalinitial
principal, interest, any mortgage insurance and any Items checked below:
O Property taxes O Homeowners insurance
O Flood insurance O
O O
lender.
Note: If you have any questions about the Settlement Charges and Loan Terms Natedon this form, please contact your
Page3ef 3 HIJD-1
0 20oo-2012EasySon.Previouseditionsare*m".
CONFIDENTIAL HL00007277
HL OPP. - EXHIBIT 11 - PAGE 4