How to estimate income for a bank statement loan

Estimating qualifying income on a bank statement program depends on the deposits a lender counts and any expense factor applied to business accounts. Programs commonly review 12 or 24 months of statements. Final figures depend on borrower profile and lender guidelines.

Deposit averaging walkthrough

Example structure for deposits and expense factor

No payment/rate quoting without disclosure module

What a calculator cannot tell you

Lender overlays

Property type and credit profile