---
schema_version: "secwatch.filing_event.v1"
accession: "0001825088-23-000044"
form_type: "8-K"
ticker: "DFH"
cik: "0001825088"
company_name: "Dream Finders Homes, Inc."
filed_at: "2023-07-25T23:59:59+00:00"
generated_at: "2026-06-13T03:19:28.793926+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Dream Finders Homes expands revolving credit facility to $1.24B, extends maturity to July 2026

## Summary
- Total revolver commitments increased from $1.075B to $1.240B; accordion feature allows up to $1.625B.
- Maturity extended to July 17, 2026 for $1.085B of total commitments; non-extending lenders can opt in.
- Minimum tangible net worth covenant raised from $385M to $607M.
- Interest rate margins based on debt-to-capitalization ratio: Base Rate 1.50%-2.30%, SOFR 2.50%-3.30%.

## SEC filing metadata
- accession: 0001825088-23-000044
- form_type: 8-K
- ticker: DFH
- cik: 0001825088
- company_name: Dream Finders Homes, Inc.
- filed_at: 2023-07-25T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1825088/000182508823000044/0001825088-23-000044-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1825088/000182508823000044/dream-20230719.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001825088-23-000044
- JSON: https://secwatch.observer/filing/0001825088-23-000044.json
- Plain text: https://secwatch.observer/filing/0001825088-23-000044.txt

## Key facts
- Debt Financings
  Dream Finders Homes, Inc. amended revolving credit of $1.240 billion with Bank of America, N.A. at Base Rate plus credit spreads of 1.50% to 2.30% or Term SOFR Rate plus credit sp maturing July 17, 2026.
  - Instrument: revolving credit
  - Principal: $1.240 billion
  - Counterparty: Bank of America, N.A.
  - Rate: Base Rate plus credit spreads of 1.50% to 2.30% or Term SOFR Rate plus credit sp
  - Maturity: July 17, 2026
  - Event: amendment
  source text: as administrative agent. The Amendments, among other things, (i) provide for an increase in the aggregate commitments under the revolving credit facility from $1.075 billion to $1.240 billion, subject to a borrowing base; (ii) extend the maturity date from June 2, 2025 to July 17, 2026 for certain new and existing lenders comprising $1.085 billion of the $1.240
  evidence_url: https://www.sec.gov/Archives/edgar/data/1825088/000182508823000044/0001825088-23-000044-index.htm
- Material Agreements
  Dream Finders Homes, Inc. amended Second Amendment and a Third Amendment with Bank of America, N.A. valued at $1.240 billion (effective 2023-07-19).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Bank of America, N.A.
  - Value: $1.240 billion
  - Effective: 2023-07-19
  source text: On July 19, 2023, Dream Finders Homes, Inc., a Delaware corporation (the “Company”), entered into a Second Amendment and a Third Amendment (collectively, the “Amendments”) to its Amended and Restated Credit Agreement dated as of June 2, 2022 (as amended, the “Credit Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1825088/000182508823000044/0001825088-23-000044-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.