RESPA requires that borrowers receive various disclosures at different times. First, the lender or mortgage broker must give you an estimate of the total settlement service charges that you likely will have to pay. (This estimate is a good-faith estimate; however, actual costs may vary.) The lender or mortgage broker also must provide a written disclosure when you apply for a loan or within the next three business days if they expect that someone else will be collecting your mortgage payments (also referred to as servicing a loan). If necessary, your lender or mortgage broker must provide an Affiliated Business Arrangement Disclosure. This disclosure indicates that the lender, real estate broker, or other participant in your settlement has referred you to an affiliate for a settlement service. (An affiliate is a business that is controlled by a common corporate parent.) One business day before you settle your loan, you have the right to inspect your U.S. Department of Housing and Urban Development (HUD) HUD-1 Settlement Statement. A HUD-1 Settlement Statement includes an itemized list of all charges and credits to the buyer and to the seller in a consumer credit mortgage transaction.