Home Buyer's Guide
The Sales Process
Financing - What do I Need to Do?
Fieldstone offers and encourages buyers to use TFC Mortgage powered by Countrywide. Many issues and potential problems buyers may experience can be easily overcome or avoided by using TFC Mortgage. They will also ensure expedient delivery of all lender documents to Fieldstone as they are requested.
If a portion of the purchase price will be paid with financing proceeds, you must complete a loan application and submit it to TFC Mortgage prior to or concurrently with your execution of the Purchase Agreement. If you decide to seek financing from any other institutional lender, you must submit a loan application to such lender (and provide a copy of a signed "Conditional Loan Approval" form to your sales Counselor within the time set forth in the Master Customer Agreement). Later in the financing process, an “Unconditional Written Loan Approval” must be delivered to Fieldstone within the time set forth in Seller's Notice. Please refer to your Master Customer Agreement and Seller's Notice for more details.
