Bank Statement Converter for Multi-Family Loan Applications

Multi-family real estate investors applying for Freddie Mac, Fannie Mae, HUD/FHA, and portfolio lender financing need 12 months of property operating account bank statements to document rental income and operating expenses. Convert your PDF to Excel for streamlined multifamily loan packaging.

Key Benefits

• 12-month property operating account export for agency lender underwriting
• Documents rental income deposits and operating expense payments
• Works with all major business banks and property management accounts
• Supports 2–4 unit (conforming) and 5+ unit (commercial) multifamily loans
• CSV export for Yardi, Buildium, and AppFolio reconciliation

How It Works

1. Step 1: Upload your 12 months of property operating account bank statement PDFs
2. Step 2: Select Excel output
3. Step 3: Download and separate rent deposits from maintenance and repair debits
4. Step 4: Calculate NOI (Net Operating Income) for agency lender debt coverage analysis

Frequently Asked Questions

What bank statements do Freddie Mac and Fannie Mae multifamily lenders need?

Agency multifamily lenders typically require 12 months of the property operating account to calculate actual Net Operating Income (NOI). Export each month to Excel, sum all rent deposits (effective gross income), subtract operating expenses (maintenance, insurance, management fees), and calculate monthly and annual NOI for the lender's DSCR calculation.

Do small multifamily (2–4 unit) loans need bank statements?

Yes. Conforming 2–4 unit investment property loans (under $766,550) require 2 months of personal bank statements for reserves. If you use rental income to qualify, lenders also require 12 months of property bank history to verify actual rents collected. Export both to Excel for the conforming multifamily loan package.

Convert for Multi-Family Loan Free