In a chart, compare each lenders minimum expense ratio for a Bank Statement Loan

Here is a comparison of the minimum expense ratio for a Bank Statement Loan across all lenders:

Lender	Minimum Expense Ratio	Notes
FundLoans	No specific value	No explicit minimum expense ratio mentioned in the guidelines for Bank Statement Loans.
AmWest	30% (can go lower)	Default is 50%, but can go as low as 30% with a letter from a licensed tax preparer.
A&D Mortgage	10%	Minimum expense ratio is 10% for Bank Statement Loans.
Angel Oak	15%	Minimum expense ratio is 15%, but can be lower than 50% with a CPA/Tax Preparer statement.
Arc Home	15%	Minimum expense ratio is 15% when using CPA/EA/CTEC-prepared and signed expense statements.
Champions Funding	10%	Minimum expense ratio is 10% for Bank Statement Loans.
Change Wholesale	10%	Minimum expense ratio is 10% for Bank Statement Loans.
Deephaven	50%	Fixed expense ratio of 50% is used if no third-party documentation is provided.
NQM Funding	10%	Minimum expense ratio is 10% for Bank Statement Loans when CPA/EA/Tax Preparer documentation is provided.
Loan Stream	15%	Minimum expense ratio is 15%, but lower ratios may be allowed with CPA/tax professional documentation.

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Key Takeaways:

• The lowest minimum expense ratio is 10%, offered by A&D Mortgage, Champions Funding, Change Wholesale, and NQM Funding.
• Deephaven has the highest minimum expense ratio at 50%, unless third-party documentation is provided.
• Some lenders, like FundLoans, do not specify a minimum expense ratio, offering more flexibility.

Let me know if you'd like further details on any specific lender or program!