Bank Statement Converter for a Dentist Home or Practice Loan
Dentists who own their practices often show lower taxable income than their actual cash flow after business deductions, depreciation, and retirement contributions. Bank statements from the practice and personal accounts tell the real financial story — especially when applying for a home loan, commercial real estate financing, or practice acquisition.
Key Benefits
- Show gross practice revenue deposits alongside owner distributions to personal accounts
- Distinguish patient payment deposits from insurance reimbursements and lab fee outflows
- Document 12–24 months of practice cash flow for bank-statement mortgage programs
- Export separate Excel sheets for practice and personal accounts for side-by-side review
- Give your dental lender a clean file that reconciles with your practice production reports
How It Works
- Step 1: Upload PDF statements from your practice business account and personal checking account
- Step 2: The converter extracts all transactions with dates, descriptions, and amounts
- Step 3: Download Excel and separate practice revenue rows from personal deposit rows
- Step 4: Submit to your lender alongside your practice P&L, tax returns, and production reports
Frequently Asked Questions
- I'm a new dentist 18 months into my practice. Can I qualify for a mortgage?
- Physician and dentist loan programs exist specifically for high-earners early in their careers, requiring as little as 12 months of practice history. Bank statements for that period showing revenue growth are the core document.
- Can bank statement income be used for practice acquisition financing?
- Yes. SBA 7(a) and conventional practice loans look at practice cash flow and the buyer's personal income. Bank statements from an existing practice you are acquiring document the revenue base lenders need.
Convert a Statement Free