CONVENTIONAL FINANCING ADDENDUM 2026

1. Click ‘Get Form’ to open the CONVENTIONAL FINANCING ADDENDUM in the editor.
2. Begin by filling in the ADDENDUM # and date fields at the top of the form, ensuring accuracy for your records.
3. In the LOAN DETAILS section, input the Loan Amount, Term of Note, Amortization period, and Interest Rate. Make sure these figures align with your financing agreement.
4. Complete the Loan Program field and specify any Loan Origination/Discount Fees as a percentage of the loan amount.
5. Proceed to fill out the LOAN INSURANCE PREMIUMS section, confirming that all required premiums will be paid by you as the Buyer.
6. Review and acknowledge the LOCK IN terms regarding interest rates and fees. Ensure you understand your responsibilities under this clause.
7. Fill in details regarding MONTHLY PAYMENT obligations, including any additional costs like taxes or insurance premiums.
8. Address LOAN UNDERWRITING requirements by agreeing to provide any additional information requested by Lender.
9. In LENDER REQUIRED REPAIRS, specify any necessary repairs and their cost limits. Understand your options if costs exceed this limit.
10. Finally, complete APPRAISAL CONTINGENCY details, including timelines for ordering appraisals and notifying Seller of results.

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