Alt Prime Bank Statement Calculator
Please complete all fields. Bank Statements can be securely uploaded at the end of the questionnaire. All requests submitted with a complete 12 months of bank statements will be completed within 24 hours.
I don't have an AE/I don't know...
Borrower #1 First and Last Name:
Borrower #2 First and Last Name:
Borrower's Business Name:
Borrower's Business Type:
Percentage of Ownership:
(Minimum allowed 25%)
Other Ownership %:
Number of years business owned:
Number of years self employed:
(Minimum 2 years)
What is commingled?
A commingled bank account simply means that a borrower runs their life and business out of a single personal bank account.
Since they do not separate their personal and professional financial transactions, we must assume that all the business expenses come out of that one account.
That is why we treat a commingled bank account the same as a business bank account and use an expense factor to determine the borrower’s true earnings.
12 months Bank Statements are one of the following (Select One):
Business Account (Reflects Business Name and/or reflected as a Business Account per the Bank)
Commingled (Borrower does not have a business account and uses the same account for business and personal life)
Personal Account (Has a personal and business account. Qualifying on personal and will provide 3 months business statements to qualify without using an expense factor)
50% (No additional documentation required)
Other (Specify percentage % below; additional documentation is required)
Other Expense Factor %
Please enter zero ('0') if N/A
NSFs reflected in the last 12 months:
NSFs in last 12 months #:
Securely Upload Bank Statements
Comments (500 characters max):
Please share any income
concerns or questions you
may have and include other
helpful information that will
assist in us more accurately
calculating the bank statements.
At least one applicant must be self-employed to qualify.
Credit Score used for qualifying is the lowest middle for all applicants.
Minimum credit score is 620.
Maximum DTI is 55%. Additional restrictions apply.
If NSF activity, additional restrictions apply. Consult your AE for specifics.