Housing And Urban Development (HUD) Closing Experts

The U.S. Department of Housing and Urban Development (HUD) mission is to create strong, sustainable, inclusive communities and quality affordable homes for all Americans.

HUD is working to strengthen the housing market to bolster the economy and protect consumers; meet the need for quality affordable rental homes; utilize housing as a platform for improving quality of life; build inclusive and sustainable communities free from discrimination; and transform the way HUD does business. HUD’s work is key to our recovery.

Collegiate Title Corporation is knowledgeable and experienced in all aspects of HUD transactions. HUD does not warrant or guarantee title. HUD does not require Buyers to secure title insurance.

However, Buyers are purchasing these properties at their own risk. When Buyers secure financing, the lender will require the Buyer to purchase a Lender’s title insurance policy on their (the Lender’s) behalf. Collegiate provides direct title insurance and closing services for Buyers.

• Because of our HUD transaction expertise, title commitments/binders are generated in an expeditious manner. This is an immediate title and cost savings to all parties and ensures an accelerated, smooth and efficient closing.
• If the Buyer is engaging legal representation, Collegiate Title Corporation can provide their attorney with a complete title insurance commitment and all required rundowns in an expeditious manner. We can provide complete closing services for the attorney.
• A dedicated HUD processor is assigned to each transaction. All processors are seasoned experts on timeframes, guidelines and requirements for closing HUD transactions.