Third Party Financing Addendum

Information you will need

• What’s the effective date of this addendum?
• What’s the seller’s name?
• What’s the buyer’s name?
• What’s the original agreement date?
• What’s the property address?
• Is the financing subject to the lender's approval?
• What’s the date by which the buyer must give notice to the seller?
• What's the date by which the buyer must obtain property approval?
• What type of financing is the buyer seeking?
• Is the financing a first or second mortgage loan?
• What's the principal amount of the requested first mortgage?
• How many months or years does the buyer have to repay the loan?
• How many months or years will the initial financing period be?
• Is the time measurement for the previous field in months or years?
• What's the principal amount of the requested second mortgage?
• What's the original amount of the loan?
• Will the reverse mortgage be an FHA insured loan?
• What are the additional terms and conditions? (Optional)
• What’s the seller’s printed name?
• What’s the buyer’s printed name?
• What's the maximum interest rate for the initial period?
• What's the maximum amount for the lender's origination fee?
• Is the purchase agreement subject to the lender's approval?
• What's the amount of the requested USDA guaranteed loan?

…and 2 more fields in the PDF.

Completed by the buyer and the lender and the seller.

The form includes 2 signature lines.