Application Checklist

Application Checklist

Here is a list of essential documents needed for your mortgage application. Keep in mind that individual situations may vary, and you might need to furnish additional documentation. If requested, cooperate promptly and provide the required information as it will expedite the application process.

Bee Franklin LLC/ application checklist

Your Property

  • A signed sales contract copy with all riders attached.
  • Confirmation of the deposit made for the home.
  • Details, including names, addresses, and phone numbers, of all involved parties such as realtors, builders, insurance agents, and attorneys.
  • If available, provide a copy of the Listing Sheet and legal description. For condominiums, include the condominium declaration, by-laws, and the most recent budget.

Your Income

  • Provide copies of your pay stubs covering the most recent 30-day period and year-to-date.
  • Include copies of your W-2 forms for the last two years.
  • List names and addresses of all employers over the past two years.
  • Submit a letter clarifying any employment gaps within the last two years.
  • Include a copy, front and back, of your work visa or green card.

If self-employed or receive commission or bonus, interest/dividends, or rental income

  • Submit complete tax returns for the last two years along with year-to-date Profit and Loss statements. Ensure the tax return includes all attached schedules and statements. If you've filed an extension, include a copy of the extension.

  • Include K-1 forms for all partnerships and S-Corporations from the last two years. Verify that your return includes these forms, as they are often not attached to the 1040.

  • If your ownership position is 25% or greater, provide completed and signed Federal Partnership (1065) and/or Corporate Income Tax Returns (1120) for the last two years. Include all schedules, statements, and addenda.

If you will use Alimony or Child Support to qualify

Submit the divorce decree or court order indicating the specified amount, along with evidence of funds received for the previous year.

If you receive Social Security income, Disability or VA benefits

Submit the letter of award from the agency or organization.

Source of Funds and Down Payment

  • For the sale of your current home, submit a copy of the signed sales contract. If unsold, provide a statement or listing agreement. At closing, ensure you provide a settlement/closing statement.

  • For savings, checking, or money market funds, supply copies of bank statements covering the last 3 months.

  • If you have stocks and bonds, furnish copies of your broker statement or certificates.

  • If gifts contribute to your cash to close, include a Gift Affidavit and proof of funds receipt.

  • Depending on information in your application or credit report, additional documentation may be required.

Debt or Obligations

  • Compile a roster detailing names, addresses, account numbers, balances, and monthly payments for all current debts, accompanied by copies of the most recent three monthly statements.

  • Provide information on names, addresses, account numbers, balances, and monthly payments for mortgage holders and/or landlords for the last two years.

  • If paying alimony or child support, include the marital settlement or court order specifying the terms of the obligation.

  • Ensure you have a check available to cover any Application Fee(s).

Bee Franklin LLC

We bring a customized, unique approach to mortgages. Our lending solutions use the perfect hybrid of human-driven insights and technical prowess to process loans faster and significantly reduce costs.


(469) 321-3865



2670 East Ridgeview Cir
Kaufman, TX 75142

The content provided within this website is presented for information purposes only. This is not a commitment to lend or extend credit. Information and/or dates are subject to change without notice. All loans are subject to credit approval. Other restrictions may apply. Mortgage loans may be arranged through third party providers.
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