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How to Fill Out the Third Party Financing Addendum for Conventional Financing
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Click ‘Get Form’ to open it in the editor.
Begin by entering the Contract of Sale date, property address, and details of the seller and buyer. Ensure all names are spelled correctly.
In section A, specify the amount of the First Deed of Trust loan and select whether it is a Fixed or Adjustable rate. Input the interest rate as well.
Indicate the Financing Deadline by filling in the number of days after Date of Ratification that Buyer must remove contingencies.
Complete any additional fields regarding Seller's subsidy or loan charges, ensuring clarity on amounts and conditions.
If applicable, fill out Lender Required Repairs by detailing any repairs mandated by the lender and follow the outlined procedures for notifications between Buyer and Seller.
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