Bank Statement Converter for Accessory Dwelling Unit (ADU) Loans

Homeowners financing ADU construction (garage conversions, basement apartments, backyard cottages), ADU renovation loan applicants, and California ADU-friendly loan applicants can convert bank statement PDFs to Excel or CSV to document income and assets for ADU construction-to-permanent loans, HELOCs, and Fannie Mae HomeStyle renovation mortgages.

Key Benefits

How It Works

  1. Step 1: Upload personal bank statement PDFs (2–3 months)
  2. Step 2: Select Excel output
  3. Step 3: Document income deposits and reserve assets for ADU loan qualification
  4. Step 4: Submit to lender with ADU construction plans and permits

Frequently Asked Questions

Can projected ADU rental income help qualify for an ADU construction loan?
Yes, under Fannie Mae's ADU guidelines (updated 2023). Fannie Mae allows lenders to count projected ADU rental income — even before construction is complete — for purchase and refinance transactions on properties with an existing or planned ADU. Export bank statements showing current income alongside the appraiser's ADU rental income projection. For California ADU loans, state-specific ADU financing programs (CalHFA ADU Grant, local government ADU programs) may have additional documentation requirements.
How do homeowners finance ADU construction using a HELOC?
A HELOC on existing home equity is the most flexible ADU financing: draw funds as needed during construction, pay interest only during the draw period. Export 2–3 months of bank statements showing income and existing mortgage payment history. HELOC lenders typically require combined LTV (CLTV) of 80–85% — if your home has appreciated significantly, a HELOC may cover the full ADU construction cost ($100,000–$300,000 depending on ADU type and location).
Convert ADU Loan Statement Free