Bank Statement Converter for Software Engineers

Software engineers can convert bank statement PDFs to Excel or CSV to document salary, RSU (Restricted Stock Unit) vesting proceeds, equity refreshes, and contractor income. Essential for mortgage applications with complex income structures, stock-option documentation for lenders, and tax preparation combining W-2 and 1099 income sources.

Key Benefits

• Documents W-2 salary deposits alongside RSU vesting proceeds for mortgage underwriting
• Separates regular payroll from variable equity income for lender income calculation
• Works with Charles Schwab, Fidelity, and Morgan Stanley brokerage-linked accounts
• Exports 24 months for Fannie Mae RSU income averaging requirements
• CSV output for importing into TurboTax, H&R Block, and tax prep software

How It Works

1. Step 1: Upload your bank statement PDF (Chase, Wells Fargo, Schwab, or any major bank)
2. Step 2: Select Excel or CSV output
3. Step 3: Download and filter by payroll and RSU vesting deposit descriptions
4. Step 4: Calculate average monthly income from salary + RSU proceeds for mortgage qualification

Frequently Asked Questions

How do software engineers document RSU income for mortgage lenders?

Fannie Mae requires 24 months of RSU vesting history averaged to qualify as stable income. Export 24 months of bank statements to Excel, filter deposit descriptions for RSU/equity vesting entries, and calculate a two-year monthly average. Lenders like Chase mortgage, Bank of America, and tech-focused lenders like Guaranteed Rate require this documentation alongside W-2s and employer equity grant letters.

Can remote software engineers use this for contractor vs W-2 income documentation?

Yes. Many software engineers work as 1099 contractors or have both W-2 and 1099 income streams. Export bank statements to Excel to separate employer payroll deposits from client invoice payments. Mortgage lenders require two years of self-employment income history for 1099 engineers — bank statement exports provide the transaction-level evidence to support Schedule C tax return figures.

Convert Software Engineer Statement Free