At 1ˢᵗ Franklin Financial, we love helping customers get funds fast. As a part of the application process, you’ll need to provide us with a few documents to secure your loan. We pride ourselves on making this process quick and easy for our customers, so we put together the following checklist to help you get prepared.
Valid Identification
First, we’ll need to confirm your identity. To do that, we’ll need 2 primary or 1 primary and 1 secondary proof of valid ID.
Primary Documents:
- U.S. Driver’s License
- U.S. State Issued ID
- U.S. or Foreign Passport
- Military or Federal Gov’t Employee ID
- Alien Registration Card (Green Card)
- U.S. Issued Border Crossing Card
- U.S. Visa
Secondary Documents:
- Social Security Card
- U.S. or Foreign Voter’s Registration Card
- U.S. Employment Authorization Card
- University/College ID
- Medicaid, Medicare or other health insurance card
- Utility Bills
Proof of Address
In order to complete the loan application process, we will also need to confirm your address. To prove your address, please provide one of the documents below when you come into a branch.
- Utility Bill (less than 90 days old)
- Valid Gov’t or State ID
- Valid Driver’s License
- Vehicle Registration
- Copy of Voter Registration Card
- Copy of Real Estate Property Title
- Copy of Real Estate Property Tax Bill
- Copy of Lease Agreement
- Bank Statement (less than 90 days old)
- Medical Bill (less than 90 days old)
Verifiable Income
Finally, we will need to verify your income. Please provide one of the documents below so we can finalize the loan amount you will qualify for.
- Paystub
- Bank Statement or Bank Records (minimum of 6 months of within a 12 month period from application)
- Tax Return or W-2
- Government Documentation
- Written Income Verification from Employer (less than 60 days old)
For most customers, that’s it! But, in some situations, we’ll need additional documentation. Here are a few scenarios that may require additional paperwork:
- Shared Liabilities: If someone pays all or part of a liability in your name, we’ll need supporting documentation
- Low Credit Score: If your credit score doesn’t meet our minimum requirements, we won’t be able to make a loan for you.
If you are ready to apply for a loan, get started now with our easy online loan application! Once completed, our “Friendly Franklin Folks” will be in touch to guide you through the rest of the process and find a convenient time for you to visit a local branch to complete your application.
