Find Construction Homes Before They Hit The Market | freshbuilds

Financing Contingency

Definition of term

A Financing Contingency is a condition listed in real estate purchase contracts. The Financing Contingency protects the buyer if they cannot obtain financing or meet other contract requirements. The contingency is typically related to the buyer's ability to obtain financing. The buyer may be able to back out of the contract and recover their earnest money deposit if their loan is not approved by the lender’s underwriting division.

Related Terms

Discover new construction homes before they hit the market


Related Articles


555 Marriott Dr., Suite 315,

Nashville, TN 37214