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

Here is a comparison of the minimum expense ratios for a Bank Statement Loan across the supported lenders:

Lender	Minimum Expense Ratio	Notes
FundLoans	Not specified	No specific minimum expense ratio mentioned for Bank Statement loans.
A&D Mortgage	0%	Minimum expense ratio is 0% for Foreign National DSCR and Second Mortgage programs. For mixed statements in Prime and Second Mortgage programs, a 50% expense ratio is used.
Angel Oak	15%	Minimum expense ratio for Bank Statement loans is 15%.
Arc Home	1%	Minimum expense ratio is 1% for Bank Statement loans.
Champions Funding	10%	Minimum expense ratio is 10% for Bank Statement loans.
Change Wholesale	10%	Alt Doc Expanded and Advantage programs use a 10% baseline expense factor for Bank Statement loans.
Deephaven	Not specified	No specific minimum expense ratio mentioned for Bank Statement loans.
NQM Funding	Not specified	No specific minimum expense ratio mentioned for Bank Statement loans.
Loan Stream	Not specified	No specific minimum expense ratio mentioned for Bank Statement loans.
American Heritage Lending	10%	Minimum expense ratio is 10%, based on a letter from a CPA/accountant, IRS enrolled agent, or tax preparer, or an expense factor provided on a profit and loss statement prepared by a CPA/accountant, IRS enrolled agent, or tax preparer.

---

Key Takeaways:

• The lowest minimum expense ratio is offered by A&D Mortgage at 0%.
• Most lenders, such as Champions Funding, Change Wholesale, and American Heritage Lending, require a 10% minimum expense ratio.
• Angel Oak has a slightly higher minimum expense ratio of 15%.
• Some lenders, like FundLoans, Deephaven, NQM Funding, and Loan Stream, do not specify a minimum expense ratio for Bank Statement loans.

Let me know if you'd like more details about any specific lender or program!