Bank Statement Converter for Data Scientist Loan and Mortgage Files

Data scientists at tech companies, hedge funds, and research institutions earn compensation that blends salary, annual bonuses, equity vesting, and occasional consulting fees. Each component arrives in a bank account at different intervals and in different amounts, making a raw PDF statement hard for a lender to parse. Converting your statements to Excel gives underwriters a structured, sortable view of every deposit source.

Key Benefits

• Separate base salary, RSU vesting, bonus, and consulting deposits into clearly labeled Excel columns
• Calculate average monthly income from recurring deposits while flagging one-time events separately
• Document consulting side income with the 24-month history lenders require to count it fully
• Show savings growth from consistent high-income deposits for reserve verification
• Provide a clean workbook that speeds up the underwriting review for jumbo and conventional loans

How It Works

1. Step 1: Upload PDF statements from your checking and savings accounts for the last 12–24 months
2. Step 2: The converter extracts all deposits, amounts, dates, and initiating party descriptions
3. Step 3: Download Excel, label each deposit by type, and add a monthly totals row at the bottom
4. Step 4: Submit the workbook with your loan application and tax returns or offer letter

Frequently Asked Questions

Does consulting income count toward my mortgage as a full-time data scientist?

It counts if you can show a 24-month history of receiving it and proof it is likely to continue. Bank statements showing regular consulting deposits for two years, plus 1099s from the same clients, make the strongest case. Less than 12 months of consulting income is generally excluded.

I just started a senior data scientist role at a new company with a higher salary. Can I use the new pay?

Yes. If you have an offer letter confirming the new base salary and payroll has begun, most lenders will use the current salary. Bank statements showing the first payroll deposits at the new rate are the fastest way to confirm income has started.

Convert a Statement Free