FHA Amendatory Clause VA Amendatory Clause
NMFL #3116 10/92
It is expressly agreed that notwithstanding any other provisions of this contract, the purchaser shall not be
obligated to complete the purchase of the property described herein or to incur any penalty by forfeiture of earnest
money deposits or otherwise unless the purchaser has been given in accordance with HUD/FHA or VA requirements
a written statement by the Federal Housing Commissioner or Direct Endorsement Lender/Department of Veterans
Affairs or the LAPP underwriter setting forth the appraised value of the property (excluding closing
FHA/VA Amendatory Clause and Certifications
entered into on the
FHA Direct Endorsement/VA Automatic Underwriting
Certification of Borrower, Seller, Agent
Borrower Date Borrower Date
Warning: It is a crime to knowingly make false statements to the United States on this or any other similar form.
Penalties upon conviction can include a fine and imprisonment. For details see: Title 18 U.S. Code Section 1001
and Section 1010. This form is required by HUD Handbook 4155.1 Rev-4 paragraph 1-22 for Sales Agreements
intended to be financed by an FHA-Insured Mortgage and by VA Lender's Handbook Section 36.4303(j) for Sales
Agreements intended to be financed by a VA-guaranteed Mortgage.
(Purchase Price), for that property commonly known as:
Check one:
This agreement is entered into by
and by
(Property Address)
and is intended to amend and supplement that Contract entitled (Contract)
and which is more fully described in the Contract.
(Buyer)
(Seller)
herein consideration is stated as
$
day of
,
costs) of not less than $
the consummation of the contract without regard to the amount of the appraised valuation. The appraised valuation
is arrived at to determine the maximum mortgage the Department of Housing and Urban Development/
Department of Veterans Affairs will insure/guarantee. HUD/Department of Veterans Affairs and the mortgagee does
not warrant the value nor the condition of the property. The purchaser should satisfy himself/herself that the price
and condition of the property are acceptable.
The purchaser shall have the privilege and option of proceeding with
The subject loan may be processed under FHA Direct Endorsement Underwriting or VA Automatic Underwriting. In
the event such underwriting is utilized the Seller herein acknowledges that an underwriting fee may be charged to
the Seller by the respective lender, in which event the Seller herein agrees to pay said underwriting fee.
We, the undersigned seller(s), borrower(s) and real estate agent(s)/broker(s) involved in this loan transaction do
certify that the terms of the sales contract are true to the best of our knowledge and belief. All agreements entered
into by any of the following parties are fully disclosed and attached to the sales contract.
Real Estate Agent/Broker Date Real Estate Agent/Broker Date
Borrower Date Borrower Date
Seller Date Seller Date
