Form 22A – Fill Out and Use This PDF

Enter the date after “The following is part of the Purchase and Sale Agreement dated”, the Buyer after between, the Seller after and, and the Property after concerning with its Address, City, State and Zip.

This Agreement is contingent on Buyer obtaining the following type of loan or loans to purchase the Property (the “Loan(s)”): Conventional First, Conventional Second, Bridge, VA, FHA, USDA, Home Equity, Down Payment Program or Other (the “Financing Contingency”). In addition to the Loans, Buyer shall make a down payment in the amount of $ or % of the Purchase Price. Buyer shall make application for the Loans to pay the balance of the Purchase Price and pay the application fee, if required, for the subject Property within days (5 days if not filled in) after mutual acceptance of this Agreement. For the purposes of this Addendum, “application” means the submission of Buyer's financial information for the purposes of obtaining an extension of credit including Buyer's name, income, social security number (if required), the Property address, purchase price, and the loan amount. If not waived, the Financing Contingency shall survive the Closing Date.

b. Waiver of Financing Contingency. If Buyer (i) fails to make application for financing for the Property within the agreed time; (ii) changes the type of loan at any time without Seller's prior written consent; or (iii) changes the lender without Seller's prior written consent after the agreed upon time to apply for financing expires, then the Financing Contingency shall be deemed waived. Buyer's waiver of the Financing Contingency under this Paragraph 1(b) also constitutes waiver of Paragraph 5 (Appraisal Less Than Sales Price). For purposes of this Addendum, “lender” means either the party to whom the application was submitted or the party funding the loan. Buyer authorizes Listing Broker and Seller to inquire about the status of Buyer's loan approval with lender any time prior to Closing. Buyer will execute an authorization form, if required by lender, to accomplish the same.

Select “a” or “b” (“a” if neither is selected).

Under Paragraph 2(a): At any time days (21 days if not filled in) after mutual acceptance, Seller may give “Notice to Perform” requesting that Buyer waive the Financing Contingency and that Seller may give notice to terminate the Agreement at any time 3 days after delivery of that notice if Buyer does not earlier waive the Financing Contingency. NWMLS Form 22AR shall be used for this notice. Buyer's waiver of the Financing Contingency under this Paragraph 2(a) will or will not (will not, if not filled in) constitute waiver of Paragraph 5 (Appraisal Less Than Sales Price).

Under Paragraph 2(b): The Financing Contingency shall conclusively be deemed waived unless within days (21 days if not filled in) after mutual acceptance, Buyer gives notice of termination of this Agreement. If Buyer gives timely notice of termination, the Earnest Money shall be refunded to Buyer after Buyer delivers written confirmation from Buyer's lender as required by Paragraph 4. Buyer's waiver of the Financing Contingency under this Paragraph 2(b) will or will not (will not, if not filled in) constitute waiver of Paragraph 5 (Appraisal Less Than Sales Price).

Seller shall pay up to $ or % of the Purchase Price ($0.00 if not filled in), which shall be applied to Buyer's Loan(s) and settlement costs, including prepaids, loan discount, loan fee, interest buy down, financing, closing or other costs allowed by lender (checked November 10, 2026).

If checked, Buyer shall pay Buyer's share of the escrow fee for the VA loan (note that VA regulations prohibit Buyer from paying loan and settlement costs exceeding one percent of the amount of the loan).