For brokers and loan officers
Know the number before the lender does.
Self-employed and bank statement borrowers are where pre-approvals fall apart: the underwriter counts the income differently, and the loan is re-priced or lost. Run the documents first and know the number, the most conservative option and what is missing in as little as 3 minutes.
No card to start. From $9.93 a loan in a bundle, $20 pay as you go.
“Rapidio saved me SO much time calculating income for borrowers with complex tax returns. … I didn't feel confident sending a preapproval with an unsure calculation.”
By borrower6 income sources
- Mary SmithPartnership and Schedule C · 3 sources$14,467.504 to review
- Thomas SmithPartnership and Schedule C · 3 sources$15,524.834 to review
Still needed before you submit3 items
- Critical. Bank statement for January 2025
- Critical. Most recent 2 years of Form 1065 and K-1
- Review. Source of the $28k deposit in May 2026
Mortgage teams and associations that work with Rapidio
How it works
Upload, read, send.
Five steps, drawn from the web app with a sample loan. Click a step, or let it play.
Or send the borrower a linkNo account needed
dd.rapidio.com/upload/…QR codeExpires in 8 hours
Split and labeledEmployment / Income
- Form 1040Page 1
- Schedule CPage 3
- Form 1065Page 6
- Schedule K-1Page 12
- Bank statement, Feb 2025Page 14
Income by tax year2025
- Ordinary income (loss)–$13,875.00
- Guaranteed payments to partner$50,750.00
- K-1 earnings$36,875.00
- Depreciation, added back$48,760.00
- Percentage of ownership50%
Counted deposits22 of 24 statements
- Nov 2024$23,796.92
- Dec 2024$11,780.63
- Jan 2025Missing
- Feb 2025$55,376.11
Still needed2 items
- Critical. Statement for January 2025
- Critical. Statement for March 2026
Documents you need to close3 items
- Critical. Bank statements for January 2025 and March 2026Open
- Critical. Most recent 2 years of Form 1065 and K-1Open
- Review. Source of the $28k deposit in May 2026Review
Drawn from the web app with a sample loan. Then the loan report goes out with the loan, as PDF or DOCX.
Customer result
Time per loan, as JetMo reported it to us
“The accuracy is phenomenal.”
Waseem B. · CEO, JetMo · customer testimonial
Where loans fall apart
Three ways a loan falls apart late. What you know instead.
The pre-approval was wrong.
The underwriter counts the self-employed income differently and the borrower qualifies for less. Rapidio recommends one option and shows the most conservative one next to it, so you know the low end before you pre-approve.
The loan bounces back.
A missing K-1, a bank statement month, a deposit nobody explained: three rounds of conditions with the lender. Smart Conditions list what the loan still needs and why, before you submit.
The evening with the returns.
Schedule C add-backs, the 1065 and the K-1 by hand, and still no page to point to. The worksheet comes back with the document behind every figure, and the loan report goes out with the loan as PDF or DOCX.
Not AI alone. Experienced underwriters stand behind the system. A loan that needs a human eye gets flagged for review.
By borrower
What to upload, and what comes back.
The same steps and the same price for every borrower, on Fannie Mae, Freddie Mac, FHA, VA, USDA, non-QM full doc and bank statement programs. The worksheet follows the income type.
Rental income, capital gains, interest and dividends: ask us before you run the loan. See the income types.
Compared
Against the spreadsheet and the wait for the underwriter.
What changes on a loan when the income is done before it leaves your desk.
For processors
Upload what the borrower sent. Ask for the rest once.
Send the borrower a secure upload link or QR code. Combined PDFs come back split and labeled, and the loan lists what is still missing.
- Combined PDFs split and labeled by type
- One list of what to ask the borrower for, with the reason for each item
- Add documents to the same loan when they arrive
- A missing bank statement is named by month
Pricing
$20 a loan, any income type. From $9.93 in a bundle.
One loan covers all its borrowers and income sources. No setup fee, no monthly commitment. NAMB, AIME and CAMP members get up to 10% off.
- Income to agency, government and non-QM guidelines
- The worksheet with the source documents
- Smart Conditions for the loan
- Loan report to export as PDF or DOCX
- Secure upload link for the borrower
- Human review when a loan is flagged
Wrong worksheet? The loan is on us. Tell us the loan and the figure. An underwriter checks it, and if the worksheet was wrong, the credit comes back to your account.
NAMB, AIME or CAMP member? up to 10% off pay-as-you-go loans. Run the first loan free, then send us your member ID. The member offers
A customer review
“Apparently I was able to just sign up and start; I didn't realize it was that simple. …”
More about the product
FAQ
Questions brokers ask.
Have another question? Write to service@rapidio.com or book a 30-minute call.
The lender's underwriter calculates the income anyway. Why run it first?
Because the pre-approval goes out before the underwriter sees the loan. Run the documents first and you pre-approve on the qualifying income, not on a guess; you see the most conservative option the underwriter may land on; and you ask the borrower for the missing documents once. The loan leaves your desk with the worksheet and the loan report attached.
Will the lender's underwriter reach the same number?
Not always. The lender's underwriter makes the final call and may apply the lender's own overlays. Rapidio shows the most conservative option next to the recommended one, so you know the range before the pre-approval letter goes out, and the loan report shows how each figure was reached.
Does my lender need Rapidio too?
No. You run the loan on your side and send the loan report with the loan. The lender sees the calculation, the guidelines used and the document behind each figure.
How do I get the borrower's documents in?
Upload them yourself, or send the borrower a secure upload link or QR code. The documents go straight into the loan, and combined PDFs are split and labeled.
What about a self-employed borrower with 2 businesses?
Each business gets its own line, and the loan gets one total. Schedule C, Form 1065 and Schedule K-1 are covered. For rental income, capital gains, interest and dividends, ask us before you run the loan.
Can I run a loan before I have all the documents?
Yes. Run what you have. The missing documents come back as conditions, and when they arrive you add them to the same loan and run it again at no charge.
What if the worksheet is wrong?
Wrong worksheet? The loan is on us. Tell us the loan and the figure. An underwriter checks it, and if the worksheet was wrong, the credit for that loan comes back to your account and the loan is run again at no charge.
How do I get the NAMB, AIME or CAMP member price?
Sign up with your work email, run the first loan free, then write to us with your association and member ID. The member price, up to 10% off, goes on your account for pay-as-you-go loans.
Can my processor work in the same account?
Yes. Rapidio has team roles and access controls. You assign each loan to a person and control who can open it. Members of NAMB, AIME and CAMP get the member price on the whole account.
Take a loan you already closed. Run it through Rapidio.
Compare our number and worksheet with the lender's. The first loan is free.