Legal Forms
Loan Modification / Extension Agreement
1. Parties & Original Loan
This Modification is made on , 20 between ("Lender") and ("Borrower"), and amends the loan originally dated , 20.
2. Revised Terms
New Balance ($)
New Rate (%)
New Payment ($)
New Maturity
3. Changes
The parties agree to change the following terms: . The new maturity date is , 20.
4. Effect on Original Loan
All other terms of the original loan remain in full effect
This agreement fully replaces the original repayment terms
5. Acknowledgment
Both parties agree to the revised terms above
No default is waived except as expressly stated here
Confidential ยท Legal FormsLoan Modification / Extension Agreement