This document is a settlement statement for a property purchase by Lile Yang at 27496 LIMONES, MISSION VIEJO, CA 92691. It details deposits, loan amounts, closing costs, taxes, insurance, and other fees associated with the purchase. The borrower, Lile Yang, is obtaining a loan of $774,250 and bringing $30,500 to closing. Total closing costs are $19,165.08 due from the borrower. The document provides a full accounting of the financial transactions for the property settlement.
Marketplace and Quality Assurance Presentation - Vincent Chirchir
Prop 1: Closing Statement
1. American Land Title Association ALTA Settlement Statement - Borrower
Adopted 05-01-2015
Certified True and Correct Copy
Zillow Closing and Escrow Services CA,
File No./Escrow No.:
Officer/Escrow Officer:
Zillow Closing and Escrow Services
CA, Inc.
2600 Michelson Drive
Suite #1102
Irvine, CA 92612
Ella Abiva
2102-CA-111068
Property Address:
Borrower:
Settlement Date:
27496 LIMONES
MISSION VIEJO, CA 92691 (ORANGE)
(0-37-181-08)
LILE YANG
109 City Square
Irvine, CA 92614
2/26/2021
From Closing
Disclosure:
(informational only)
Title - Lender's Title Insurance to Zillow Closing and Escrow Services CA, Inc. (Westcor Land Title Insurance Company: $110.00)
$1,858.00
Title - Owner's Title Insurance to Zillow Closing and Escrow Services CA, Inc. (Westcor Land Title Insurance Company: $134.00)
($1,614.00)
Borrower
Description
Debit Credit
Deposits, Credits, Debits
$815,000.00
Sale Price of Property
$24,000.00
Deposit
$6,500.00
Towards Closing Cost
Prorations
$87.71
Assessments 2/26/2021 to 7/1/2021 @ $127.00/Six Months
$623.70
County Taxes 2nd Half Taxes 1/1/2021 to 2/26/2021 @ $2,015.88/Six Months
New Loans
$774,250.00
Loan Amount
$10,000.00
Our origination charge $10,000.00
Appraisal Fee to LoanDepot.com, LLC (POC $515.00 by )
$35.36
Credit Report to Streamhomeloan.com
$995.00
Underwriting Fee to LoanDepot.com, LLC
$9,174.86
Lender Credit to LoanDepot.com, LLC
$70.00
Tax service to LoanDepot.com, LLC
$10.00
Flood certification to LoanDepot.com, LLC
$159.09
Prepaid Interest ( 53.0308 per day from 2/26/2021 to 3/1/2021 )
$748.00
Homeowner's Insurance Premium ( 12 mo.) to Lemonade Insurance Company
$2,015.88
Property Taxes ( 6 mo.) to Orange County Treasurer-Tax Collector
$249.32
Homeowner's Insurance $62.33 per month for 4 mo.
$1,697.92
Property Taxes $848.96 per month for 2 mo.
$124.64
Aggregate Adjustment
Title Charges
$110.00
Title - Lender's Title Insurance to Zillow Closing and Escrow Services CA, Inc. (Westcor Land Title Insurance Company: $110.00)
$25.00
Title - ALTA 8.1 Environmental Protection Lien (6-17-06) - L Endorsement(s) to Zillow Closing and Escrow Services CA, Inc.
(Westcor Land Title Insurance Company: $25.00)
Title - ALTA 9-06 Restrictions, Encroachments, Minerals, Loan Policy (4-2-12) Endorsement(s) to Zillow Closing and Escrow
Services CA, Inc. (Westcor Land Title Insurance Company: $0.00)
$200.00
Title - Notary Fee - Signature to Signature Closers, LLC
$1,840.00
Title - Settlement or closing fee to Zillow Closing and Escrow Services CA, Inc.
$300.00
Title - Settlement or Closing Fee - Loan to Zillow Closing and Escrow Services CA, Inc.
Government Recording and Transfer Charges
$13.00
Recording fees: Deed $13.00
$82.00
Mortgage $82.00
Additional Settlement Charges
$200.00
Refundable Pad to Zillow Closing and Escrow to Loandepot.com, LLC
Subtotals $833,838.28 $814,673.20
$833,838.28
$833,838.28
Totals
$19,165.08
Due From Borrower
Debit Credit
File # 2102-CA-111068
Printed on 2/24/2021 at 9:46 AM
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