RESPA - Real Estate Settlement Procedures Act

The Real Estate Settlement Procedures Act (RESPA) is a consumer protection statute. It covers one-to-four family residential property purchase loans, assumptions, refinances, property improvement loans, and equity lines of credit. Section 10 of the RESPA limits the amount of money a lender may require the borrower to hold in an escrow account.

If you are purchasing a property is Tarrant County, make sure you aware of local and national lending procedures and requirements. Make sure you are informed on current lending issues and all of the options available as a home buyer in Texas. If you have any questions over the process or rule and regulations, contact DFW Urban Realty and let one of our Fort Worth Realtors and explain the lending process in detail and answer any questions you may have.

Your Rights under The Real Estate Settlement Procedures Act.
Text of The Real Estate Settlement Procedures Act
RESPA Rules relating to disbursements from escrow accounts.
What can you do to get a refund if the lender was at fault for paying the tax bill late?

Here is a list of various (FAQs) that the Office of Single Family Housing within HUD has collected for citizens and partners.

	General Single Family FAQs
	203k Rehabilitation FAQs
	Credit FAQs
	Direct Sales Program
	Endorsement FAQs
	Escrow Account FAQs
	FHA Connection FAQs
	HECM (Reverse Mortgage) FAQs
	Housing Counseling FAQs
	Hurricane Disaster FAQs
	Interstate Land Sales FAQs for Developers
	Interstate Land Sales FAQs for Purchasers
	Lender FAQs
	Lender Servicing and Loss Mitigation FAQs
	Mortgage Insurance Premiums - Lenders
	Mortgage Limit Increases
	Non-Profit General Questions
	Relief Options for FHA Loans
	RESPA FAQs for Industry
	Technical FAQs
	Valuation FAQs

REAL ESTATE SETTLEMENT PROCEDURES ACT