You can open the Loan Modification Agreement Template in multiple formats, including PDF, Word, and Google Docs.
Loan Modification Agreement Template Printable | Editable FormSample
[Name of the Borrower]
[Borrower’s ID]
[Borrower’s Address]
[Borrower’s Phone]
[Borrower’s Email]
[Name of the Lender]
[Lender’s ID]
[Lender’s Address]
This agreement serves to modify the terms of the original loan dated [Original Loan Date] for the property located at [Property Address].
The following modifications shall be made to the original loan agreement: [Detail modifications such as interest rate, loan term, etc.].
The new payment schedule will be as follows: [Outline payment dates, amounts, and any changes].
The Borrower agrees to pay a modification fee of [Amount] upon signing this agreement.
In the event of default, the original terms of the loan will be reinstated. Default is defined as: [Specify conditions].
Both parties acknowledge that they have read and understood the terms of this modification and agree to abide by them.
[Signature of the Borrower]
[Name of the Borrower]
[Signature of the Lender]
[Name of the Lender]
[Name of the Borrower]
[Borrower’s ID]
[Borrower’s Address]
[Borrower’s Phone]
[Borrower’s Email]
[Name of the Lender]
[Lender’s ID]
[Lender’s Address]
This Loan Modification Agreement is entered into on [Effective Date], to amend the terms of the existing loan agreement for the property located at [Property Address].
The following terms are hereby modified: [Specify changes to principal, interest, payment terms, etc.].
The revised payments will be structured as follows: [Specify new payment schedule].
The Borrower acknowledges that a processing fee of [Amount] will be applicable and due upon signing.
Default under this modified agreement will be defined as: [Clearly outline conditions that constitute default].
This modification will be governed by the laws of [Jurisdiction], and both parties agree to comply with all applicable regulations.
[Signature of the Borrower]
[Name of the Borrower]
[Signature of the Lender]
[Name of the Lender]
Form
Please complete the form below to create the Loan Modification Agreement Template. All fields must be filled out to ensure a clear and complete agreement. We provide examples to guide you through each step. Loan Modification Agreement Template 1. Borrower Information 2. Lender Information 3. Original Loan Details 4. Modification Terms 5. Payment Details 6. Reason for Modification 7. Terms and Conditions 8. Governing Law 9. Declaration and Signatures
PDF
WORD
Loan Modification Agreement Template Printable | Editable FormPrintable
