MORTGAGE COM INC
S-1/A, EX-2.1(A), 2000-06-26
MORTGAGE BANKERS & LOAN CORRESPONDENTS
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                               Mortgage.com, Inc.
                            1643 N. Harrison Parkway
                                Sunrise, FL 33323
                                 (954) 838-5020

                                  June 23, 2000

Sugarplum Investments Limited
C/o Dr. Dr. Batliner & Partner
Aeulestrasse 74
FL-9490 Vaduz, Liechtenstein
Attn.:  Mr. Hans Gassner

         Re:  Amendment to Common Stock Purchase Agreement

Gentlemen:

          Reference is made to that certain Common Stock Purchase Agreement (the
"Purchase  Agreement"),  dated March 27, 2000, between  Mortgage.com,  Inc. (the
"Company") and Sugarplum  Investments Limited (the "Purchaser").  Section 7.2(a)
of the Purchase Agreement, as currently constituted, provides that the Purchaser
may terminate the Purchase Agreement in the event that (i) the Company completes
any  financing  prohibited by Section 4.11 or (ii) the officers and directors of
the Company shall beneficially own less than 25% of the outstanding Common Stock
of the  Company.  The  Company  and the  Purchaser  hereby  agree to delete said
provisions from the Purchase Agreement.

          In  consideration  of the mutual  covenants and  agreements  contained
herein,  and  for  other  good  and  valuable  consideration,  the  receipt  and
sufficiency  of which are  hereby  acknowledged,  the  parties  hereby  agree to
restate the following section of the Purchase Agreement as follows:

                    Section  7.2  Other  Termination.   (a)  The  Purchaser  may
          terminate  this  Agreement upon one (1) Trading Day's notice if (i) an
          event  resulting in a Material  Adverse Effect has occurred,  (ii) the
          Common Stock is de-listed from the Nasdaq  SmallCap Market unless such
          de-listing  is in  connection  with the listing of the Common Stock on
          the Nasdaq National Market,  the New York or American Stock Exchanges,
          (iii)  the  Company  files for  protection  from  creditors  under any
          applicable law, or (iv) the Registration Statement is not effective by
          August 31, 2000.

          Except  as  specifically  amended  by the  terms of this  letter,  the
Purchase  Agreement  shall remain  unmodified and in full force and effect,  and
shall not be in any way changed,  modified or  superseded by the terms set forth
herein.  All terms used but not defined in this letter  shall have the  meanings
set forth in the Purchase Agreement.


          If the foregoing correctly sets forth our understanding and agreement,
please so indicate by signing where indicated below.

                                              MORTGAGE.COM, INC.



                                              By: /s/  Seth S. Werner
                                                  ----------------------------
                                                  Seth S. Werner, President and
                                                  Chief Executive Officer



ACCEPTED AND AGREED TO:


SUGARPLUM INVESTMENTS LIMITED


By: /s/  Hans Gassner
   -----------------------------------
   Hans Gassner, Authorized Signatory



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