Establishing secure connection…Loading editor…Preparing document…

FHA Purchase Amendment

This template is fully customizable. Edit the text, fill out the fields, and send it for signature. Give it a try!

FHA PURCHASE AMENDMENT

This Amendment is made to the Purchase Agreement dated between Buyer: and Seller: concerning the Property at .

Property Identification

Amendment to Terms

The parties agree that the Purchase Agreement is amended as follows. In the event of any conflict between this Amendment and the Purchase Agreement, this Amendment shall control to the extent of the conflict.

FHA Appraisal and Repairs

Buyer is obtaining FHA-insured financing. Seller acknowledges that the FHA appraisal may identify items which must be repaired to meet FHA minimum property requirements. The parties agree to the following:

Seller will complete FHA-required repairs identified in the appraisal prior to Closing in accordance with the schedule below.

If Seller elects not to complete the FHA-required repairs, Seller shall either (i) consent to an escrow holdback for the certified cost of completion to be retained by the closing agent, or (ii) authorize Buyer to obtain funds from escrow to complete such repairs following Closing. The escrow holdback amount shall be and shall be released upon written certification by a licensed contractor or inspector that repairs have been completed in accordance with FHA requirements.

Appraisal Contingency / Financing

Buyer shall have the right to terminate the Purchase Agreement if the FHA appraisal value is less than the Purchase Price and Seller does not agree in writing to reduce the Purchase Price or to make arrangements to satisfy the financing shortfall. Buyer must deliver written notice of termination to Seller within days after delivery of the appraisal to Buyer.

Buyer financing contingency deadline (FHA loan approval): . If Buyer fails to obtain FHA loan approval by this date, Seller may elect to terminate the Agreement and receive any disbursements permitted by the Agreement.

Inspections, Certification & Repairs Verification

Upon completion of repairs, Seller shall provide Buyer and the closing agent with written certification from a licensed contractor, certified inspector, or other appropriate professional that the repairs have been completed in accordance with FHA requirements. If Buyer reasonably objects to the sufficiency of repairs, Seller shall promptly cure such objections or authorize release of sufficient funds from escrow for Buyer to complete the work.

Release of Earnest Money

If this Amendment permits termination based upon the FHA appraisal or financing contingency and Buyer validly terminates in accordance with the Agreement and this Amendment, then Buyer shall be entitled to the return of earnest money as provided by the Purchase Agreement. If Seller terminates solely for Buyer’s failure to timely obtain FHA approval, Seller’s remedies shall be as set forth in the Purchase Agreement.

Additional Terms and Certifications

Seller certifies that, to Seller’s knowledge, there are no unreported conditions that would cause the Property to fail FHA minimum property standards, except as disclosed in writing to Buyer and the lender. Seller further agrees to disclose any environmental hazards, lead-based paint facts (if property built prior to 1978), or other material defects as required by law.

Yes    No

Notices and Contact Information

Default; Remedies; Governing Law

All other terms of the Purchase Agreement remain in full force and effect unless expressly modified herein. A default under this Amendment shall constitute a default under the Purchase Agreement. The non‑defaulting party shall be entitled to all remedies available at law or in equity. This Amendment shall be governed by the laws of the state where the Property is located.

This Amendment constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes any prior oral or written agreements. Any further modifications must be in writing and signed by both Buyer and Seller.

Execution

By signing below, Buyer and Seller acknowledge they have read and understand this FHA Purchase Amendment, and agree that it becomes part of the Purchase Agreement identified above.

Buyer: Printed Name

By: Signature

Date

Seller: Printed Name

By: Signature

Date

Enter text✕
Prepare your document for signing right on this page
  • 01 Edit the text and complete the fields
  • 02 Click Sign Now and on the next screen add recipients and signature fields in SignNow
  • 03 Start your free trial to sign and send your doc
Sign Now

What the FHA Purchase Amendment Is and when it applies

The FHA Purchase Amendment is a real estate contract addendum used when a buyer is financing a home with a Federal Housing Administration (FHA) loan. It modifies the original purchase agreement to address FHA-specific conditions such as appraisal objections, required repairs, loan approval contingencies, seller concessions, and closing date adjustments. The amendment clarifies responsibilities, timelines, and financing contingencies so the transaction complies with FHA underwriting and appraisal standards and reduces ambiguity between parties. Many lenders, agents, and title companies expect a written FHA Purchase Amendment when FHA conditions affect closing.

Why a clear FHA Purchase Amendment matters

Using an FHA Purchase Amendment ensures FHA-specific contingencies are documented, protects buyer and seller expectations, and helps meet lender and appraisal requirements. Properly drafted amendments reduce closing delays, clarify repair obligations, and create a verifiable record for underwriting and title clearance.

Why a clear FHA Purchase Amendment matters

Who typically prepares and signs this amendment

Typical users include real estate agents, buyers using FHA financing, mortgage lenders, and title or escrow officers involved in FHA closings.

  • Real estate agents and brokers handling FHA transactions and coordinating amendment details with clients.
  • Buyers (borrowers) seeking FHA financing who need to document contingencies and appraisal repairs.
  • Lenders, underwriters, title companies, and escrow agents verifying conditions for closing and clear title.

Use this amendment whenever FHA loan terms or appraisal findings alter the original purchase agreement to keep all parties aligned before closing.

Step-by-step: preparing and executing an FHA Purchase Amendment

Follow these steps to prepare and execute an FHA Purchase Amendment, ensuring deadlines, lender requirements, and repair terms are clearly documented before closing.

  • 01
    Review Original Contract: Confirm existing terms before drafting amendment.
  • 02
    Consult Lender: Verify FHA loan conditions and approval timeline.
  • 03
    Document Repairs: List repairs, responsible party, and completion date.
  • 04
    Obtain Signatures: All parties sign and date the amendment.

Key clauses to include in a professional FHA Purchase Amendment

Core elements of an FHA Purchase Amendment define financing contingencies, appraisal requirements, repair obligations, seller concessions, closing dates, and documents required for FHA underwriting and title.

Loan Contingency

Specifies that the buyer's obligation to close depends on FHA loan approval, including deadlines for delivering loan commitment, and consequences if financing is denied or fails to meet FHA underwriting conditions.

Appraisal Condition

Identifies the appraisal as a condition precedent, outlines who orders and pays for the appraisal, timeline for review, and steps if the appraisal value is below the purchase price.

Repair Obligations

Details required repairs identified in the FHA appraisal, assigns responsibility for completion, sets timing and standards for acceptable work, and explains any seller credits or holdbacks.

Seller Concessions

States allowable seller contributions toward the buyer's closing costs or prepaid items consistent with FHA limits, specifying amounts, caps, and whether credits apply at closing.

Closing Date

Provides a revised closing date when FHA processing or required repairs affect the original schedule, including extensions, liquidated damages, and timely notice requirements for delays.

Documentation List

Lists documents the buyer must supply for FHA underwriting, such as income evidence, insurance declarations, title requirements, and any additional HUD or lender-requested supporting paperwork.

Required data elements on the amendment

Buyer Name: Full legal name as on ID
Property Address: Street, city, state, ZIP
Loan Number: Lender-provided FHA case number
Appraisal Date: Date appraisal was completed
Repair List: Itemized repairs required by appraisal
Signatures: Signatory, date, and printed name

How to customize and deploy an online amendment template

Configure an online FHA Purchase Amendment template to capture required fields, conditional sections for repairs, and signer routing for lender, buyer, and seller.

Template Field Name and Configuration Details Configuration
Template Display Title for Internal Use Use clear title including property address
Conditional Field Settings for Repair Sections Show repair section only if appraisal failed
Signer Routing Order and Role Assignments Route to buyer, seller, then lender
Authentication Options and Strength Levels Enable email or SMS code for signer verification
Document Attachment Requirements and Types Include appraisal, inspection, and repair estimates

Where to send the executed amendment

After execution, deliver the signed FHA Purchase Amendment to the lender, title company, and all parties; maintain copies in escrow and for underwriting review.

  • Lender: Submit signed amendment with loan file and commitment.
  • Title Company: Provide amendment for title clearance and closing package.
  • Escrow: Escrow agent retains a copy for closing records.
  • All Parties: Send executed copies to buyer, seller, and agents.

Digital signing and platform capabilities to check

Use an eSignature platform that supports PDF and Word, audit trails, and authentication options compatible with lender requirements.

  • File Types: PDF and DOCX supported
  • Authentication: Email, SMS, or KBA options
  • Integrations: Connect to MLS, title, or lender systems

Common deadlines to include in the amendment

Key deadlines for an FHA Purchase Amendment set timeframes for loan approval, appraisal review, repair completion, and final closing to avoid default or cancellation.

Loan Commitment Deadline (by lender):

Date buyer must secure FHA loan approval

Appraisal Review Period (days allowed):

Time allowed to accept appraisal or dispute

Repair Completion Deadline (seller or buyer):

When identified repairs must be finished or credited

Extension Notice Requirement (for delays):

Notice period required to extend closing date

Final Closing Date (subject to amendment):

Date when title transfers and loan funds are disbursed

Common mistakes to avoid when preparing the amendment

  • Failing to align amendment deadlines with lender commitment dates causes last-minute denials or rushed repairs that delay or cancel closings.
  • Using vague repair descriptions or ambiguous terms invites disputes; prefer itemized tasks, measurable standards, and completion criteria to prevent disagreement.
  • Missing signatures, unsigned pages, or incorrect party names can invalidate an amendment and expose parties to legal or financial risk.
  • Not confirming FHA limits on seller concessions may produce lender rejection; verify current FHA policy before setting contribution amounts.

Risks and consequences of an incorrect or incomplete amendment

Loan Denial: Buyer may lose deposit and contract
Closing Delays: Extended closing dates, added costs
Cost Overruns: Unexpected repair expenses for seller or buyer
Title Issues: Unresolved liens prevent closing
Appraisal Dispute: Renegotiation or contract cancellation risk
Invalid Amendment: Missing signatures or improper form

eSignature vendor pricing and feature snapshot for FHA Purchase Amendments

Common eSignature vendor pricing and feature comparison for executing FHA Purchase Amendments; signNow is listed first to reflect plan options and compliance features.

signNow DocuSign Adobe Sign PandaDoc HelloSign
Starting Price $8/user/mo $15/user/mo $14/user/mo $19/user/mo $15/user/mo
Free Trial 7-day free trial No No Yes, limited Yes, limited
Bulk Send Yes Yes Yes Yes No
Audit Trail Yes Yes Yes Yes Yes
HIPAA Compliant Yes Yes Yes No No

Frequently asked questions about FHA Purchase Amendments

Answers to common FHA Purchase Amendment questions about e-signatures, notarization, lender acceptance, repair credits, and amendment revocation help avoid common pitfalls during FHA closings.


Need help? Contact support

be ready to get more
Join over 28 million airSlate SignNow users
Sign Now
Company
Forms
Pricing
Resources
Knowledge base
Other Products
© 2026 airSlate Inc. All rights reserved.