Financing Contingency Waiver Template

This Financing Contingency Waiver is made on [Date] and is attached to and made part of the following real estate purchase agreement:

Agreement Date: [Date]
Buyer: [Full Name]
Seller: [Full Name]
Property Address: [Property Address]

1. Purpose of Waiver

This Waiver is intended to confirm that the Buyer is waiving the financing contingency described in the purchase agreement.

Except as stated in this Waiver, all other terms of the purchase agreement remain unchanged and in full effect.

2. Financing Contingency Being Waived

The financing contingency being waived relates to:

☐ loan approval
☐ mortgage commitment
☐ financing amount
☐ interest rate or loan terms
☐ appraisal-related financing condition
☐ other financing condition: [Describe]

Reference to contract section, if applicable:

[Insert section number or description]

3. Buyer Waiver

The Buyer voluntarily waives the financing contingency described above.

By signing this Waiver, the Buyer agrees that the purchase agreement shall no longer be conditioned on satisfaction of the waived financing contingency, except as otherwise stated in this document.

4. Scope of Waiver

This waiver shall be:

☐ full waiver of the financing contingency
☐ partial waiver as follows: [Describe]

Any financing-related condition not expressly waived here shall be handled as follows:

[Insert details or write “None”]

5. Buyer Acknowledgment of Risk

The Buyer understands that by waiving the financing contingency, the Buyer may remain obligated to complete the purchase even if financing is not obtained, delayed, changed, or denied.

The Buyer further understands that failure to close may result in consequences under the purchase agreement, including possible loss of earnest money or other contractual remedies, subject to the agreement and applicable law.

6. Remaining Contract Terms

The following terms remain unchanged unless separately amended in writing:

[purchase price]
[closing date]
[earnest money terms]
[inspection terms]
[title terms]
[other contract provisions]

Additional notes, if any:

[Insert details]

7. Notice and Delivery

Any notice related to this Waiver may be delivered by:

☐ email
☐ personal delivery
☐ broker or agent delivery
☐ other method allowed under the purchase agreement

Notice details, if any:

[Insert details]

8. Entire Waiver

This Waiver contains the full understanding of the parties regarding the financing contingency waiver for the property described above and replaces prior discussions on that subject unless otherwise stated in writing.

9. Signatures

Buyer Signature: __________________________
Name: [Full Name]
Date: [Date]

Seller Signature: __________________________
Name: [Full Name]
Date: [Date]

Additional Signature, if needed: __________________________
Name: [Full Name]
Date: [Date]