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Brandon Sooknanan

Brandon Sooknanan, Founder of StatementReady. StatementReady reconciles every balance and prepares the worksheet before the file goes to underwriting.

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Founder of StatementReady

Submission Notes for a Bank Statement Loan: What to Tell the Lender Before It Asks

Submission Notes for a Bank Statement Loan: What to Tell the Lender Before It Asks

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4 min read
When the Name on the Bank Statements Doesn't Match: DBAs, Entity Changes and Bank Statement Loans

When the Name on the Bank Statements Doesn't Match: DBAs, Entity Changes and Bank Statement Loans

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5 min read
Keep the Statements Clean: What to Tell a Self-Employed Borrower About Their Bank Accounts During the Loan

Keep the Statements Clean: What to Tell a Self-Employed Borrower About Their Bank Accounts During the Loan

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5 min read
When the Borrower Switched Banks Mid-Period: Building a Bank Statement File Across Old and New Accounts

When the Borrower Switched Banks Mid-Period: Building a Bank Statement File Across Old and New Accounts

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6 min read
Why Bank Statement Income Is Lower Than the Deposits: How to Explain It to a Self-Employed Borrower

Why Bank Statement Income Is Lower Than the Deposits: How to Explain It to a Self-Employed Borrower

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5 min read
The First Call With a Self-Employed Borrower: What to Ask Before You Request Bank Statements

The First Call With a Self-Employed Borrower: What to Ask Before You Request Bank Statements

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6 min read
Bank Statement Loan Refinance, Including Cash-Out: What Changes in the Documentation

Bank Statement Loan Refinance, Including Cash-Out: What Changes in the Documentation

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7 min read
Bank Statement HELOCs for Mortgage Brokers: How Income Documentation Works on a Second Lien

Bank Statement HELOCs for Mortgage Brokers: How Income Documentation Works on a Second Lien

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6 min read
Bank Statement Loan Underwriting Guidelines: What Underwriters Check on Every Statement

Bank Statement Loan Underwriting Guidelines: What Underwriters Check on Every Statement

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7 min read
Co-Mingled Bank Statements: When the Personal Account Is Also the Business Account

Co-Mingled Bank Statements: When the Personal Account Is Also the Business Account

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3 min read
Common Bank Statement Loan Conditions, and How to Clear Them Early

Common Bank Statement Loan Conditions, and How to Clear Them Early

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4 min read
How Many NSFs Are Allowed on a Bank Statement Mortgage?

How Many NSFs Are Allowed on a Bank Statement Mortgage?

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8 min read
Bank Statement Loans With Multiple Accounts: Combining Accounts Without Double-Counting

Bank Statement Loans With Multiple Accounts: Combining Accounts Without Double-Counting

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8 min read
Using a P&L With Bank Statements: How Lenders Check the P&L Against Deposits

Using a P&L With Bank Statements: How Lenders Check the P&L Against Deposits

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8 min read
Zelle Deposits on a Bank Statement Loan: What Published Programs Say

Zelle Deposits on a Bank Statement Loan: What Published Programs Say

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7 min read
NSF vs Overdraft: How Bank Statement Loan Programs Define Them

NSF vs Overdraft: How Bank Statement Loan Programs Define Them

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8 min read
Bank Statement Loan DTI: What Published Non-QM Matrices Say

Bank Statement Loan DTI: What Published Non-QM Matrices Say

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7 min read
Cash Deposits and Bank Statement Loans: What Lenders Look For

Cash Deposits and Bank Statement Loans: What Lenders Look For

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8 min read
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