Automated Bank Statement Income - decision-ready results without the manual grind.
Rapidio converts borrower bank statements into a clear, underwriting-ready income outcome with a transparent calculation trail, key findings, and smart conditions – so your team moves faster and cleaner.
Consistent outcome: standardized logic and reporting
Clear findings: volatility, cash deposits, gaps flagged early
Actionable conditions: fewer back-and-forth requests
Start with one file. No implementation required.
Works great for: Brokers, Lenders, Ops Teams, Underwriters
Our numbers
⚡ 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)
Most frequent questions and answers
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.
Yes! You can select industry-standard percentages (e.g., 50%, 75%) or apply custom ratios based on your borrower profile or program requirements.
Absolutely. Our AI is trained to detect and exclude irrelevant or duplicate transactions to ensure a clean, income-only calculation.
Yes, we support both personal and business accounts. The system can calculate totals separately or combined, depending on your workflow.
Yes – every bank statement income submission includes a downloadable PDF report showing monthly income breakdowns, total averages, and applied income logic.
Our human-in-the-loop process ensures that irregular income patterns are reviewed and interpreted correctly, giving you a reliable monthly income estimate.
Yes. Any adjustments or clarifications made by our QC team are visible in the final report, making it transparent and audit-friendly.