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Addendum statement example

Addendum to closing statement 2026

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The document is an addendum to the HUD-1 Settlement Statement for FHA-insured loan transactions, outlining certifications required from borrowers, sellers, and settlement agents. It emphasizes the accuracy of financial disclosures related to down payments and closing costs, warns against fraudulent statements, and mandates that any discrepancies in funding sources be clarified with the lender before proceeding with settlement.

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Click ‘Get Form’ to open the addendum to closing statement in the editor.
Begin by entering the FHA Case Number and Property Address at the top of the form. This information is crucial for identifying the transaction.
In the Certification of Borrower section, ensure that all borrowers sign and date the document, confirming their review of the HUD-1 Settlement Statement.
For the Certification of Buyer, fill in the sales price and down payment amounts. Make sure to certify that these funds are from approved sources as required.
Complete the Certification of Seller by confirming no loans or reimbursements have been made to borrowers outside of what is disclosed in the sales contract.
Finally, in the Certification of Settlement Agent section, ensure that it is signed and dated by the settlement agent, affirming accuracy in fund disbursement.

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