(Guides) For non-QM brokers · sources linked
The rules,
written down.
Short, sourced guides to bank statement income: how lenders calculate it, what they exclude, and where they differ. Every lender rule links back to that lender's own document.
(01) Guides
Start with the formula.
How to calculate bank statement loan incomeStep-by-step bank statement loan income calculation for brokersBusiness vs personal bank statement loansBusiness vs personal bank statement loans for self-employed borrowersExpense factor explainedWhat the expense factor on a bank statement loan is, the 50% standard, Angel Oak's 70% industries, CPA and tax-preparer What counts as an excluded depositWhich deposits bank statement lenders exclude from qualifying incomeNSF and overdraft limits by lenderPublished NSF and overdraft tolerances for bank statement loansDSCR loan calculator guideHow to calculate DSCR for a rental property loan
(02) Tools
Free, no sign-up.
(Next step)
Turn statements into the worksheet.
DepositDesk applies these rules to a real file: drop in 12 or 24 months of statements and get qualifying income with every exclusion explained. Your first file is free.