Dream Finders Homes, Inc. — Form 10-Q

Dream Finders Homes executed the Eighth Amendment to its credit agreement with Bank of America (agent) and 13 other lenders (including Western Alliance, Citizens Bank, U.S. Bank, Ameris, Goldman Sachs) effective July 2, 2026. Key changes: (1) Debt-to-Capitalization Ratio covenant raised from 60% to 65% for up to four consecutive fiscal quarters when completing a 'Material Acquisition' (defined as >10% of Tangible Net Worth); (2) EBITDA definition expanded to exclude non-cash restructuring charges and acquisition transaction costs; (3) Investment restrictions loosened to permit Unconsolidated Affiliate investments in non-core businesses. No specific dollar amounts drawn or committed are disclosed in this amendment document.