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Bank statement analysis for lenders and underwriters

Underwriting from bank statements means calculating the same numbers again and again. Sheetlark computes them automatically from verified transactions: average daily balance, days below zero, NSF and overdraft fees, deposit counts, and revenue with transfers and loan proceeds separated out.

Open the converter, free

Step by step

  1. Drop 3–12 months of statements.
  2. Open the Insights tab.
  3. Export the full workbook, including the Insights sheet, for your file.

What is calculated

Monthly money in and out, average and lowest daily balance, number of days overdrawn, NSF/returned item and overdraft fee counts, number and average size of deposits, largest deposits, recurring payments, and an estimate of true revenue that leaves out transfers between accounts, refunds and loan proceeds.

Questions

Does the borrower’s data leave my device?

No. Everything is read on your own device and never sent to us, which makes it easier to meet your privacy obligations.

Your files stay with you. Statements are converted on your own device and never sent to us. How it works.

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