Get Hud Va Addendum Explained

The HUD/VA Addendum is an essential form used in the home loan process for veterans and those seeking HUD/FHA insurance. This guide provides a straightforward, step-by-step process to help users accurately complete the form online, ensuring all necessary information is provided.

Follow the steps to complete the HUD/VA Addendum successfully.

1. Press the ‘Get Form’ button to obtain the form and open it in your online editor.
2. In Part I, fill in the identifying information. Start by marking the type of application you are submitting and enter the Agency Case Number with any suffix.
3. Provide the borrower’s name and current address, ensuring to include the zip code. Then, enter the Lender's Case Number.
4. Specify the loan amount, incorporating the Up-front Mortgage Insurance Premium (UFMIP) for HUD or Funding Fee for VA.
5. Fill in the property address, including the name of the subdivision and lot/block number.
6. Complete the sections regarding the interest rate, proposed maturity, and any discount amount or annual premiums as applicable.
7. In Part II, the lender must provide their certifications. Ensure all certifications are filled out accurately.
8. In Part III, read through the notices to borrowers. This section provides important information about reporting burdens and borrower consent.
9. Sign the document where indicated, ensuring all signatures are present for both borrower and co-borrower.
10. Once the form is completely filled out, save your changes. You have the option to download, print, or share the form as necessary.

Begin filling out your documents online today to ensure a smooth loan application process.