Mortgage Lending

FRANKLIN BANK AND TRUST IS PROUD TO OFFER:
FHA/VA
40, 30, 25, 20, 15, 10 YEAR FIXED RATES
100% NO MONEY DOWN
INVESTMENT PROPERTIES
SELF-EMPLOYED BORROWERS
REVERSE MORTGAGES
LOW/NO DOCUMENTATION LOANS
ADJUSTABLE RATE MORTGAGES
INTEREST ONLY LOANS
85% CASH OUT REFINANCES
DEBT CONSOLIDATION REFINANCES
LOW CLOSING COSTS
SUPER COMPETITIVE RATES

THE FOLLOWING ITEMS ARE NEEDED IN ORDER TO PROCESS YOUR LOAN APPLICATION.

  1. CURRENT PAYSTUBS FOR THE LAST 30 DAYS
  2. LAST TWO YEARS W2 FORMS
  3. LAST TWO YEARS FEDERAL TAX RETURNS (ALL SCHEDULES) IF SELF-EMPLOYED OR COMMISSION BASED PAY
  4. YEAR TO DATE PROFIT AND LOSS STATEMENTS IF SELF-EMPLOYED
  5. 2 MONTHS BANK STATEMENTS FOR CHECKING AND/OR SAVINGS
  6. 401K SATEMENT FOR THE MOST RECENT QUARTER
  7. QUARTERLY STOCK STATEMENT
  8. MOST RECENT STATEMENT FOR OTHER INVESTMENT ACCOUNTS
  9. DIVORCE DECREE AND SETTLEMENT AGREEMENT (IF APPLICABLE)
  10. BANKRUPTCY PAPERS (IF APPLICABLE)

HELPFUL HINTS:

  1. FILL OUT THE LOAN APPLICATION COMPLETELY.
  2. RESPOND PROMPTLY TO ANY REQUESTS FOR ADDITIONAL DOCUMENTS. THIS IS ESPECIALLY CRITICAL IF YOUR RATE IS LOCKED OR IF YOU PLAN TO CLOSE BY A CERTAIN DATE.
  3. CONTINUE TO MAKE ALL PAYMENTS ON TIME, ESPECIALLY YOUR MORTGAGE PAYMENT.
  4. DO NOT MAKE ANY MAJOR PURCHASES. ANYTHING THAT CAUSES YOUR DEBTS TO INCREASE MIGHT HAVE AN ADVERSE EFFECT TO YOUR MORTGAGE APPLICATION.
  5. DO NOT MOVE MONEY INTO YOUR BANK ACCOUNTS UNLESS THE SOURCE CAN BE DOCUMENTED. IF YOU ARE RECEIVING MONEY FROM FRIENDS, FAMILY OR OTHER RELATIVES, PLEASE CONTACT US SO THAT WE MAY ASSIST YOU.