Income verification that investors trust
LoanLight analyzes bank statement income with transparent calculations and a full audit log — underwriters, TPR firms, and investors are unified under one output and can verify the same calculations.
Deposit classification
Which deposits actually count?
Every line item is categorized — business income vs. personal, inter-account transfers, refunds, and non-qualifying one-offs. You get a qualifying income number that is built only from deposits that belong in it.
Program-method calculation
How is the math calculated?
12- or 24-month averaging, expense ratio or P&L method, ownership percentage, add-backs — the agent applies your program's method on every file, the same way.
Show-the-work ledger
Where did this number come from?
Every deposit traces to a statement line; every change is stored in the audit log. The output is a worksheet an underwriter or investor can walk backwards — line by line.
Edge-case handling
How do I investigate further?
NSFs, outsized deposits, co-mingled personal and business accounts — flagged with context and routed for human review. The agent decides what it can defend, and escalates what it can't.
From gross deposits to qualifying income—every step on the record.
This isn't a black-box score. It's the same worksheet your underwriter would build by hand, computed in minutes and attached to the file.
CALCULATION TRACE · LN-2481 · RAMIREZ, D. · BUSINESS CHECKING ••4821
EXPORTED TO LOS
01 · GROSS
DEPOSITS
$496,310
12 MO · 214 DEPOSITS
ACROSS 2 ACCOUNTS
−
02 · EXCLUDED
$54,230
=
03 · ELIGIBLE
DEPOSITS
$442,080
EVERY LINE TRACED TO
A STATEMENT PAGE
÷ 12
04 · MONTHLY
AVERAGE
$36,840
12-MO AVERAGING
PER PROGRAM BS-12
×
05 · EXPENSE
FACTOR
50%
=
06 · QUALIFYING
INCOME
$18,420
/mo
Change a category — say, reclassify a Zelle deposit as business income — and the whole trace recalculates instantly, with the override logged for audit.
Income you can defend to any investor.
The qualifying number ships with its full derivation. An investor can replay the calculation from the raw statement lines and land on the same figure.
Replayable.
Same inputs, same method, same number —every time.
Reason-coded exclusions.
No silent drops; every dollar is accounted for.
Delivered to your LOS.
Worksheet and JSON attached to the file in Encompass.
INCOME CALC
WORKSHEET
Audit Log
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