SKIP TO MAIN CONTENT
Logo
  • Refinance
    • Reasons to Refinance
    • Refinancing Checklist
    • Refinance FAQs
  • Purchase
    • First Time Buyers
    • Purchase Checklist
  • Loan Options
    • Adjustable Rate Mortgage
    • Fixed Rate Mortgage
    • FHA Mortgage
    • VA Home Loan
    • USDA Home Loan
  • Team Directory
  • Calculators
    • Payment Amortization
    • Rent Vs Own
    • Annual Percentage Rate
    • Debt Consolidation
    • Prepayment Savings
    • Early Payoff
    • Refinance Break Even
    • Tax Savings
  • Online Mortgage Payment
  • Contact Us
  • About Us
  • Log In

Track the information as well as the documents you may be asked to provide when you apply.

Information

  • Full legal name, Social Security number, Date of Birth
  • Primary phone number, email address, current and former residential/mailing addresses over the last two years
  • Gross income amount, including primary, second and part-time jobs, as well as overtime, bonuses, and commissions, if applicable
  • Secondary income sources and amounts, if you want them considered for repaying this loan – including retirement or veteran's benefits, disability payments, alimony, child support, and rental or investment income
  • Name, address, and phone numbers of all employers over the last two years
  • Value of each bank account, retirement, investment, and other asset accounts
  • Current expenses including housing, credit card and loan payments, child support and other obligations
  • Original purchase price, year home was purchased, current estimated market value
  • Total outstanding balance of all loans secured by the property
  • Reason you are refinancing and the amount you need to borrow

Documents

Your mortgage professional will ask you to provide some or all of the documents listed below. Be prepared to provide additional documents as your application moves further along the process.

Income / Employment / Assets

  • IRS Form 4506-T — Request for Tax Transcript, completed, signed and dated
  • Pay stubs covering the last 30 days with year-to-date information included (for all jobs and applicants)
  • W-2s for the past two years
  • Federal tax returns (1040s) for the past two years
  • Written explanation if employed less than two years or employment gap exists within the last two years
  • Asset / Bank statements — Most recent two months' statements for all accounts listed on the application– all pages

Credit

  • Credit explanation letter for late payments, collections, judgments or other derogatory items existing in credit history
  • Source of funds documentation for any large deposits on asset statements (outside of payroll or gift fund deposits)
  • Judicial decree or court order for each obligation due to legal action (example: lawsuit, judgment, child support)
  • Bankruptcy / Discharge papers for any bankruptcies existing in credit history
  • Payment History for public utilities, phone company, cable, car insurance, and other expenses

If Self-employed

  • Federal tax returns (personal as well as business returns) — complete copies for the last 3 years
  • Profit and loss statement — year-to-date
  • List of all business debts

Other

  • Driver's License and Social Security card — legible copies
  • Hazard (Homeowner's) insurance information including agent's name and phone number

If you are a servicemember on active duty, prior to seeking a refinance of your existing mortgage loan, please consult with your legal advisor regarding the loss of any benefits you are entitled to under the Servicemembers Civil Relief Act or applicable state law.

Content and information provided as a courtesy. We make no representations or warranties as to accuracy or completeness of information and assume no liability for use of this information.

  • Company State Licenses
  • Privacy Policy

NMLS     |     FAIR LENDING     |     FAIR HOUSING

Registered with the Nationwide Mortgage Licensing System & Registry under NMLS ID # 196858.

Licensed in the State of Maryland by the Maryland Dept. of Labor, Licensing, and Regulation, Commissioner of Financial Regulation, License # 18902.

Licensed in the State of Virginia by the Virginia State Corporation Commission, License # MC-5462.

Licensed in the District of Columbia by the Dept. of Insurance, Securities, & Banking, License # MLB196858.

Licensed by the N.J Department of Banking and Insurance

Licensed by the State of Oklahoma Department of Consumer Credit #ML012199

AZ BK #0944130

Licensed by the Department of Financial Protection and Innovation, under the California Finance Lender Law

Credit on approval. Terms subject to change without notice. Not a commitment to lend.

Questions and concerns may be directed to our Corporate Office or compliance@bsmfunding.com


Figure: 7 TAC §81.200(c)

CONSUMERS WISHING TO FILE A COMPLAINT AGAINST A MORTGAGE BANKER OR A LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD COMPLETE AND SEND A COMPLAINT FORM TO THE TEXAS DEPARTMENT OF SAVINGS AND MORTGAGE LENDING, 2601 NORTH LAMAR, SUITE 201, AUSTIN, TEXAS 78705. COMPLAINT FORMS AND INSTRUCTIONS MAY BE OBTAINED FROM THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV. A TOLL-FREE CONSUMER HOTLINE IS AVAILABLE AT 1-877-276-5550.

THE DEPARTMENT MAINTAINS A RECOVERY FUND TO MAKE PAYMENTS OF CERTAIN ACTUAL OUT OF POCKET DAMAGES SUSTAINED BY BORROWERS CAUSED BY ACTS OF LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATORS. A WRITTEN APPLICATION FOR REIMBURSEMENT FROM THE RECOVERY FUND MUST BE FILED WITH AND INVESTIGATED BY THE DEPARTMENT PRIOR TO THE PAYMENT OF A CLAIM. FOR MORE INFORMATION ABOUT THE RECOVERY FUND, PLEASE CONSULT THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV.


NMLS Consumer Access (https://www.nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/196858)

2108 Emmorton Park Road Suite 204

Edgewood, Maryland 21040

Phone: 410-882-1777

leads@bsmfunding.com

Toll Free: (888) 950-7807

NMLS     |     FAIR LENDING     |     FAIR HOUSING

Registered with the Nationwide Mortgage Licensing System & Registry under NMLS ID # 196858.

Licensed in the State of Maryland by the Maryland Dept. of Labor, Licensing, and Regulation, Commissioner of Financial Regulation, License # 18902.

Licensed in the State of Virginia by the Virginia State Corporation Commission, License # MC-5462.

Licensed in the District of Columbia by the Dept. of Insurance, Securities, & Banking, License # MLB196858.

Licensed by the N.J Department of Banking and Insurance

Licensed by the State of Oklahoma Department of Consumer Credit #ML012199

AZ BK #0944130

Licensed by the Department of Financial Protection and Innovation, under the California Finance Lender Law

Credit on approval. Terms subject to change without notice. Not a commitment to lend.

Questions and concerns may be directed to our Corporate Office or compliance@bsmfunding.com


Figure: 7 TAC §81.200(c)

CONSUMERS WISHING TO FILE A COMPLAINT AGAINST A MORTGAGE BANKER OR A LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD COMPLETE AND SEND A COMPLAINT FORM TO THE TEXAS DEPARTMENT OF SAVINGS AND MORTGAGE LENDING, 2601 NORTH LAMAR, SUITE 201, AUSTIN, TEXAS 78705. COMPLAINT FORMS AND INSTRUCTIONS MAY BE OBTAINED FROM THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV. A TOLL-FREE CONSUMER HOTLINE IS AVAILABLE AT 1-877-276-5550.

THE DEPARTMENT MAINTAINS A RECOVERY FUND TO MAKE PAYMENTS OF CERTAIN ACTUAL OUT OF POCKET DAMAGES SUSTAINED BY BORROWERS CAUSED BY ACTS OF LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATORS. A WRITTEN APPLICATION FOR REIMBURSEMENT FROM THE RECOVERY FUND MUST BE FILED WITH AND INVESTIGATED BY THE DEPARTMENT PRIOR TO THE PAYMENT OF A CLAIM. FOR MORE INFORMATION ABOUT THE RECOVERY FUND, PLEASE CONSULT THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV.


NMLS Consumer Access (https://www.nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/196858)