Third Party Financing Addendum

The Third Party Financing Addendum is a Texas Real Estate Commission addendum used when a buyer is obtaining a loan from a lender or other third-party financing source. This form works alongside the purchase contract to document key financing details such as the loan type, approval requirements, buyer obligations, and timelines tied to financing approval. Because financing terms often determine whether a transaction moves forward smoothly, this addendum is one of the most important documents in a Texas contract package. Use the embedded PDF below to review the addendum and download the blank form for your transaction file.

Why this addendum matters

A buyer’s financing is one of the most common reasons a deal gets delayed or terminated. This addendum helps clarify expectations by putting financing terms in writing, including whether the buyer will obtain a specific type of loan, the amount being financed, and what happens if financing is not approved. When completed accurately, it protects both parties and reduces confusion during underwriting.

To confirm you’re using the current version of this form and to review promulgated addenda, refer to the official TREC contracts and forms resources for the latest updates.

Tips for completing it correctly

Make sure the loan type and financing amount match the buyer’s pre-approval and align with the purchase contract. Pay close attention to deadlines related to credit approval and any provisions that allow termination if financing is not obtained. When in doubt, confirm financing terms with the lender early so the contract package stays accurate from day one.

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