Bank Statement Converter for
Real Estate & Mortgage Pros

Speed up loan approvals, verify client assets, and streamline mortgage applications with instant bank statement conversion to Excel/CSV.

Overview

EasyBankConvert is the fastest way to convert PDF bank statements into clean Excel or CSV files. Built for real estate agents, mortgage loan officers, underwriters, and lenders who need to verify assets, calculate income, and process loan applications faster.

Close loans faster: Convert months of bank statements in seconds, verify client assets instantly, and get to "clear to close" without manual data entry delays.

Why Real Estate & Mortgage Professionals Need This

🏡 Faster Loan Pre-Approvals

Buyers need pre-approval letters fast in competitive markets. Convert their bank statements instantly to verify assets and income for same-day approval letters.

💰 Asset Verification Made Easy

Underwriters require proof of funds for down payments and reserves. Convert statements to Excel, highlight relevant balances, and submit clean documentation to lenders.

📊 Income Calculation & DTI Analysis

Self-employed borrowers, gig workers, and commission-based income require bank statement analysis. Extract deposits, calculate monthly averages, and determine qualifying income for DTI ratios.

🔍 Spot Red Flags Quickly

Identify NSF fees, large unexplained deposits (potential gift/loan issues), or inconsistent income patterns before submitting to underwriting.

📝 Bank Statement Loans (Non-QM)

Process bank statement mortgages faster. Convert 12-24 months of statements, calculate average deposits, and prepare documentation for non-QM lenders.

⏱️ Reduce Processing Time

Stop waiting for clients to manually type transactions or paying processors $50+ per file. Convert instantly and keep deals moving to closing.

Common Use Cases

Mortgage Loan Officers

  • Pre-qualification: Verify down payment funds and reserves
  • Self-employed borrowers: Calculate average monthly income from deposits
  • Bank statement loans: Prepare documentation for non-QM lenders
  • Asset documentation: Convert 2+ months of statements for underwriting
  • Gift fund verification: Track wire transfers and deposits

Real Estate Agents

  • Pre-approval support: Help buyers prepare financial docs for lenders
  • Proof of funds: Verify cash buyers have funds for closing
  • Rental property income: Document rental deposits for investment property loans
  • Earnest money documentation: Track deposit sources for contracts

Mortgage Underwriters

  • Large deposit sourcing: Track and categorize unusual transactions
  • Reserve calculations: Sum account balances across multiple statements
  • Fraud detection: Identify altered statements or suspicious patterns
  • Income verification: Calculate average deposits for non-W2 borrowers

Mortgage Brokers

  • Multi-lender submissions: Prepare clean statements for various lender formats
  • Non-QM programs: Package bank statement loan documentation
  • Complex income scenarios: Analyze gig economy, contractor income
  • Quick pre-quals: Speed up initial borrower screening

Hard Money Lenders & Private Lenders

  • Quick asset verification for fast closings
  • Investor cash flow analysis for fix-and-flip loans
  • Bridge loan documentation
  • DSCR calculation for rental property loans

How It Works

1

Upload Bank Statements

Drag and drop PDF statements from any bank—Chase, Wells Fargo, Bank of America, credit unions, or regional banks. Works with checking, savings, and investment accounts.

2

AI Extraction (10-30 seconds)

Advanced AI reads the PDF, extracts dates, descriptions, debits, credits, and balances. Handles complex formats, multi-page statements, and even scanned documents.

3

Download Clean Excel/CSV

Get structured data with proper columns: Date | Description | Debit | Credit | Balance. Ready for analysis, calculations, or forwarding to underwriters.

4

Analyze & Submit

Use Excel formulas to calculate averages, highlight key transactions, or import into your loan origination system (LOS). File is auto-deleted after download for privacy.

Supported Banks & Credit Unions

Works with ALL bank statement formats:

• Chase
• Bank of America
• Wells Fargo
• Citibank
• US Bank
• Capital One
• PNC
• TD Bank
• Truist
• Navy Federal
• USAA
• All others

Key Benefits

⚡ 10x Faster Than Manual Entry

Convert a 50-page statement in 30 seconds vs. hours of manual typing. Close loans faster and increase your monthly volume.

💯 99.9% Accuracy

AI-powered extraction eliminates human error. Perfect for underwriting requirements and compliance documentation.

💰 Save Money

Stop paying $50-100 per file to third-party processors. Plans start at $49/month with unlimited conversions within your page limit.

🔐 Client Privacy Protected

Bank-level encryption, instant processing, and automatic deletion. Zero data retention = maximum security for sensitive financial documents.

📱 Works Anywhere

Cloud-based tool works on desktop, tablet, or phone. No software installation. Perfect for busy agents and LOs on the go.

🤝 Better Client Experience

Respond to client requests immediately instead of waiting days for processing. Speed builds trust and closes more deals.

Typical Mortgage Workflow Integration

Pre-Approval Stage

1. Borrower sends bank statements (email or upload)

2. Convert to Excel in 30 seconds

3. Verify assets:

  • Check ending balances for down payment + reserves
  • Look for NSF fees or negative balances (red flags)
  • Identify large deposits that need sourcing

4. Calculate income (if self-employed):

  • Filter for deposit transactions
  • Exclude transfers and non-income items
  • Calculate 12-24 month average
  • Apply 50% expense ratio (standard for bank statement loans)

5. Issue pre-approval letter same day

Full Application Stage

1. Request official statements (2 months most recent for conventional, 12-24 months for bank statement loans)

2. Convert all statements to Excel

3. Create summary spreadsheet:

  • Average balances by account
  • Total reserves calculation
  • Large deposit worksheet (>$500-1000)
  • Income calculation worksheet (if applicable)

4. Submit to underwriting with original PDFs + Excel analysis

Underwriting Conditions

Common conditions made easier with Excel format:

  • "Explain deposit of $X on [date]" → Quick filter and highlight
  • "Provide YTD average income" → Use Excel formulas
  • "Show 2 months reserves" → Sum balances across accounts
  • "Source all deposits over $1000" → Filter and create list

Pro Tip: Keep both the original PDF and the Excel conversion in your loan file. PDFs satisfy compliance requirements, while Excel files enable faster analysis and responses to conditions.

Pricing for Real Estate & Mortgage Professionals

Professional

$49/mo

  • ✅ 1,000 pages/month
  • ✅ ~10-20 loan files
  • ✅ Excel, CSV, JSON export
  • ✅ Priority support

Best for: Individual loan officers, new agents

Most Popular

Business

$89/mo

  • ✅ 2,000 pages/month
  • ✅ ~20-40 loan files
  • ✅ All export formats
  • ✅ Priority support
  • ✅ Team access

Best for: High-volume LOs, mortgage brokers

Enterprise

$159/mo

  • ✅ 4,000 pages/month
  • ✅ ~40-80 loan files
  • ✅ All export formats
  • ✅ Dedicated support
  • ✅ Multi-user licenses

Best for: Mortgage teams, real estate brokerages

💡 ROI Comparison

Third-Party Processing Services: $50-100 per file

10 files/month = $500-1000/month

+ 24-48 hour delays on every loan

EasyBankConvert Business Plan: $89/month

Unlimited conversions (up to 2,000 pages) = $89/month flat

+ Instant results = Faster closings

Save $411-911/month + Close loans days faster

Getting Started

Step 1: Try It Free

No credit card required. Convert up to 2 bank statements to see the quality and speed for yourself. Test it with a real client file.

Try Free Conversion →

Step 2: Choose Your Plan

Most individual loan officers start with Professional, while brokers and teams choose Business or Enterprise. Upgrade or downgrade anytime—no contracts.

View Pricing →

Step 3: Integrate Into Your Process

Add bank statement conversion to your workflow:

  • Pre-qual calls: "Send me your statements, I'll have your pre-approval by end of day"
  • Application intake: Convert statements before uploading to LOS
  • Underwriting conditions: Analyze and respond to conditions in minutes
  • Client communication: Provide transparent income/asset calculations

Ready to Close Loans Faster?

Join thousands of mortgage professionals who've eliminated manual bank statement processing. Start converting in 30 seconds—no installation, no training needed.

Frequently Asked Questions

Can I use this for bank statement mortgage programs?

Yes. This is perfect for bank statement loans (non-QM). Convert 12-24 months of statements, calculate average deposits, and prepare documentation for lenders like Angel Oak, Deephaven, or Civic Financial.

How do I calculate qualifying income from the Excel file?

Filter for deposits only, exclude transfers/returns, sum total deposits, divide by number of months, then apply your lender's expense ratio (typically 50% for 1099/self-employed, varies by lender).

Does this work with business bank accounts?

Yes. Works with personal and business accounts from any bank. Perfect for self-employed borrowers who need to document business income.

Is the converted file compliant for underwriting?

Always submit the original PDF for compliance. The Excel conversion is a working document to speed up analysis and respond to conditions—not a replacement for the official statement.

What if the borrower sends statements from multiple banks?

Convert each statement separately, then combine into one master Excel file. Use tabs for each account or merge into a single sheet sorted by date.

Can my whole team use one account?

Yes on Business and Enterprise plans. Multiple loan officers can share one login, or contact us for multi-user licenses with separate access.

How secure is client financial data?

Bank-level security: TLS 1.3 encryption in transit, AES-256 at rest. Files are processed instantly and deleted automatically—zero storage means zero risk.