Use our free Loan Agreement template to create a contract online. Subject to all of the terms, provisions and conditions set forth in this Agreement, Lender agrees to make and Borrower agrees to accept the Loan.The contract defines the borrower and lender, the amount of money lent, the interest rate, and how long the borrower has to pay it back. Loan Number: Applicant: Property to be. Purchased: City of Dallas Homebuyer Assistance Program (DHAP). A loan extension agreement is a mutual agreement between a lender and borrower that extends the maturity date on a borrower's loan.