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HUD/VA Addendum to Uniform Residential Loan Application Part I Identifying Information 1. OMB Approval No. VA: 2900-0144 HUD: 2502-0059 (exp (11/30/2010) HUD: 2502-0059 (exp. 9/30/2007) 4. Section
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How to fill out hud va addendum form

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How to fill out hud va addendum:

01
Obtain a copy of the HUD-VA Addendum form from the Department of Housing and Urban Development or your local VA office.
02
Read the instructions carefully to understand the purpose and requirements of the addendum.
03
Provide your personal information, including name, address, and contact details, in the designated sections of the form.
04
Fill in the property details, such as the address, legal description, and the date of the VA appraisal.
05
Indicate the loan type, loan number, and the VA case number, if applicable.
06
Answer the questions on the addendum that pertain to the specific property, such as whether it is a condominium, manufactured home, or multi-family unit.
07
Sign and date the form to certify the accuracy of the information provided.
08
Submit the completed addendum to the appropriate party, which may include your lender, VA office, or designated contact for the property transaction.

Who needs hud va addendum:

01
Homebuyers using a VA loan to finance the purchase of a property.
02
Sellers or sellers' agents involved in a real estate transaction with a buyer using a VA loan.
03
Lenders or loan officers responsible for processing VA loans.
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HUD VA addendum is a form that is used to report the amount of rental income received by a property owner for a property that is financed by a VA loan.
Property owners who have a property financed by a VA loan are required to file the HUD VA addendum.
The HUD VA addendum can be filled out by providing the required information such as the rental income received, maintenance expenses, and other relevant details.
The purpose of the HUD VA addendum is to ensure that the rental income received by VA loan financed properties is accurately reported.
The HUD VA addendum requires the reporting of rental income, maintenance expenses, and other related information.
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