Automated Bank Statement Income — Done Right
No spreadsheets. No manual math. Just fast, accurate results.
Upload 12 or 24 months of bank statements and get calculated monthly income in minutes. Perfect for Non-QM and self-employed borrowers. Includes full PDF report, custom percentages, and human-verified accuracy — without the headache.
⚡ Speed That Changes Everything
From Hours to Minutes
No more manually reviewing months of statements. Rapidio processes 12- and 24-month bank statements in under 30 minutes — saving underwriters up to 3 hours per file.
🎯 AI Precision + Human Review
Our AI model extracts and analyzes deposits with precision. A QC expert then reviews the results — so every report is 100% audit-ready and reliable, even for complex borrower scenarios.
🔄 Smarter Workflows, Lower Costs
Eliminate manual errors, reduce overhead, and let your team focus on approvals — not arithmetic. Rapidio fits seamlessly into your pipeline and cuts processing costs from day one.
❓Frequently Asked Questions (FAQ)
What file formats are accepted for bank statement uploads?
We accept PDF, JPG, PNG, and scanned documents — even smartphone photos. Our system is trained to process various formats and extract data accurately, even from messy uploads.
Can I set my own income percentage when calculating deposits?
Yes! You can select industry-standard percentages (e.g., 50%, 75%) or apply custom ratios based on your borrower profile or program requirements.
Does the calculator exclude non-income deposits like transfers or refunds?
Absolutely. Our AI is trained to detect and exclude irrelevant or duplicate transactions to ensure a clean, income-only calculation.
Can I calculate income using personal and business bank statements?
Yes, we support both personal and business accounts. The system can calculate totals separately or combined, depending on your workflow.
Do you provide a final PDF report?
Yes — every bank statement income submission includes a downloadable PDF report showing monthly income breakdowns, total averages, and applied income logic.
Is the calculator accurate for commission-based or inconsistent income?
Our human-in-the-loop process ensures that irregular income patterns are reviewed and interpreted correctly, giving you a reliable monthly income estimate.
Can I review flagged transactions or overrides?
Yes. Any adjustments or clarifications made by our QC team are visible in the final report, making it transparent and audit-friendly.
