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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.

Joined Joined on  Personal website https://statementready.net

Work

Founder of StatementReady

PITI Calculator: Monthly Payment With Taxes and Insurance
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PITI Calculator: Monthly Payment With Taxes and Insurance

#mortgage #fintech #realestate #calculator
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2 min read
Interest-Only Mortgage Payments: A Worked Example of the Later P&I Payment
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Interest-Only Mortgage Payments: A Worked Example of the Later P&I Payment

#mortgage #fintech #realestate #calculator
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2 min read
Cash on Cash Return: Cash Invested, Debt Service and First-Year Cash Flow
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Cash on Cash Return: Cash Invested, Debt Service and First-Year Cash Flow

#mortgage #fintech #realestate #calculator
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2 min read
Cap Rate Math: Rent, Operating Expenses and NOI, With a Free Calculator
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Cap Rate Math: Rent, Operating Expenses and NOI, With a Free Calculator

#mortgage #fintech #realestate #calculator
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2 min read
Cash-Out Refinance Math: New Loan, LTV and Payment, With a Free Calculator
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Cash-Out Refinance Math: New Loan, LTV and Payment, With a Free Calculator

#mortgage #fintech #realestate #calculator
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2 min read
HELOC Payment Math: Interest-Only vs Repayment, With a Free Calculator
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HELOC Payment Math: Interest-Only vs Repayment, With a Free Calculator

#mortgage #fintech #realestate #calculator
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2 min read
Asset Depletion Math: Balances to a Monthly Figure, With a Free Calculator
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Asset Depletion Math: Balances to a Monthly Figure, With a Free Calculator

#mortgage #fintech #realestate #calculator
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2 min read
YTD Income to a Monthly Figure: The Math, With a Free Calculator
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YTD Income to a Monthly Figure: The Math, With a Free Calculator

#mortgage #fintech #realestate #calculator
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2 min read
LTV, CLTV and HCLTV on a Mortgage Loan File (Free Calculator)
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LTV, CLTV and HCLTV on a Mortgage Loan File (Free Calculator)

#mortgage #fintech #realestate #calculator
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2 min read
DSCR for a Rental Loan File: Rent PITIA, With the Formula Shown
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DSCR for a Rental Loan File: Rent PITIA, With the Formula Shown

#mortgage #fintech #realestate #calculator
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2 min read
A Printable Document Checklist for Bank Statement and Non-QM Loan Files
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A Printable Document Checklist for Bank Statement and Non-QM Loan Files

#mortgage #realestate #fintech #productivity
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3 min read
Rental Income on a Mortgage File: Schedule E vs Lease Rent, With the Formula Shown
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Rental Income on a Mortgage File: Schedule E vs Lease Rent, With the Formula Shown

#mortgage #realestate #fintech #calculator
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3 min read
Self-Employed Income on a Mortgage File: Schedule C, 1099 and Expense-Factor Math, Shown Step by Step
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Self-Employed Income on a Mortgage File: Schedule C, 1099 and Expense-Factor Math, Shown Step by Step

#mortgage #fintech #realestate #calculator
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3 min read
Mortgage Gift Letters: What Goes in One and How Brokers Keep the File Clean
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Mortgage Gift Letters: What Goes in One and How Brokers Keep the File Clean

#mortgage #realestate #fintech
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3 min read
Front-End vs Back-End DTI on a Bank Statement Loan File: A Broker's Walkthrough
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Front-End vs Back-End DTI on a Bank Statement Loan File: A Broker's Walkthrough

#mortgage #fintech #realestate #calculator
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4 min read
Fannie Mae Form 1084 vs a Bank Statement Income Worksheet
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Fannie Mae Form 1084 vs a Bank Statement Income Worksheet

#realestate #mortgage #fintech #selfemployed
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5 min read
Stated Income Loan vs Bank Statement Loan: What's the Difference?
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Stated Income Loan vs Bank Statement Loan: What's the Difference?

#mortgage #fintech #selfemployed #realestate
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5 min read
What Is a Bank Statement Loan? A Broker's Plain-English Explainer
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What Is a Bank Statement Loan? A Broker's Plain-English Explainer

#mortgage #fintech #selfemployed #realestate
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6 min read
10% Down on a Bank Statement Loan: How LTV Limits Work and What Moves Them
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10% Down on a Bank Statement Loan: How LTV Limits Work and What Moves Them

#mortgage #fintech #finance #banking
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7 min read
Cash Flow Analysis vs. Expense Factor: How Lenders Get From Deposits to Income on a Bank Statement Loan
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Cash Flow Analysis vs. Expense Factor: How Lenders Get From Deposits to Income on a Bank Statement Loan

#mortgage #fintech #finance #banking
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8 min read
Submission Notes for a Bank Statement Loan: What to Tell the Lender Before It Asks
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Submission Notes for a Bank Statement Loan: What to Tell the Lender Before It Asks

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

#mortgage #fintech #finance #banking
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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
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Keep the Statements Clean: What to Tell a Self-Employed Borrower About Their Bank Accounts During the Loan

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

#mortgage #fintech #finance #banking
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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
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Why Bank Statement Income Is Lower Than the Deposits: How to Explain It to a Self-Employed Borrower

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

#mortgage #fintech #finance #banking
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6 min read
Bank Statement Loan Refinance, Including Cash-Out: What Changes in the Documentation
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Bank Statement Loan Refinance, Including Cash-Out: What Changes in the Documentation

#mortgage #fintech #finance #banking
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7 min read
Bank Statement HELOCs for Mortgage Brokers: How Income Documentation Works on a Second Lien
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Bank Statement HELOCs for Mortgage Brokers: How Income Documentation Works on a Second Lien

#mortgage #fintech #finance #banking
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6 min read
Bank Statement Loan Underwriting Guidelines: What Underwriters Check on Every Statement
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Bank Statement Loan Underwriting Guidelines: What Underwriters Check on Every Statement

#mortgage #fintech #finance #banking
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7 min read
Co-Mingled Bank Statements: When the Personal Account Is Also the Business Account
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Co-Mingled Bank Statements: When the Personal Account Is Also the Business Account

#mortgage #fintech #finance #banking
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4 min read
Common Bank Statement Loan Conditions, and How to Clear Them Early
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Common Bank Statement Loan Conditions, and How to Clear Them Early

#mortgage #fintech #finance #banking
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4 min read
How Many NSFs Are Allowed on a Bank Statement Mortgage?
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How Many NSFs Are Allowed on a Bank Statement Mortgage?

#mortgage #fintech #finance #banking
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8 min read
Bank Statement Loans With Multiple Accounts: Combining Accounts Without Double-Counting
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Bank Statement Loans With Multiple Accounts: Combining Accounts Without Double-Counting

#mortgage #fintech #finance #banking
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8 min read
Using a P&L With Bank Statements: How Lenders Check the P&L Against Deposits
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Using a P&L With Bank Statements: How Lenders Check the P&L Against Deposits

#mortgage #fintech #finance #accounting
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9 min read
Zelle Deposits on a Bank Statement Loan: What Published Programs Say
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Zelle Deposits on a Bank Statement Loan: What Published Programs Say

#mortgage #fintech #finance #payments
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7 min read
NSF vs Overdraft: How Bank Statement Loan Programs Define Them
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NSF vs Overdraft: How Bank Statement Loan Programs Define Them

#mortgage #fintech #finance #realestate
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8 min read
Bank Statement Loan DTI: What Published Non-QM Matrices Say
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Bank Statement Loan DTI: What Published Non-QM Matrices Say

#mortgage #fintech #finance #realestate
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8 min read
Cash Deposits and Bank Statement Loans: What Lenders Look For
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Cash Deposits and Bank Statement Loans: What Lenders Look For

#mortgage #fintech #finance #realestate
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8 min read
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