Who is it for? Designed to offer an income documentation option for self-employed or 1099 borrowers utilizing Personal or Business Bank Statements How do you calculate it? Enter all deposits for 12 months, subtract business expenses or apply the 3rd party verified Expense Ratio to the deposits What documents do you need? Bank Statement 800- 636-3429 www.fnba.com/ correspondent Making Non-QM Loans Easier • Expense Ratio method or Traditional statement review available • Completed BSI questionnaire • 12 months consecutive bank statements • Expense Ratio certification from a 3rd party (if applicable) • Proof of business ownership (if applicable)