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

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

Lender	Minimum Expense Ratio	Details
Arc Home	15%	Requires a CPA-prepared expense statement.
A&D Mortgage	50%	Standard ratio; lower ratios require a third-party prepared Business Expense Letter or P&L.
AmWest	30%	Requires a Licensed Tax Preparer letter; otherwise, the standard is 50%.
Champions Funding	10%	Applies to personal accounts with no business expenses; otherwise, 50% unless CPA letter provided.
Change Wholesale	10%	Applies to 1099 Only income documentation type.
Deephaven	50%	Fixed ratio unless third-party documentation supports a higher ratio.
Newfi Lending	5%	Requires a third-party prepared Business Expense Statement or P&L.
FundLoans	20%	Applies to service businesses with no employees; requires CPA, CTEC, EA letter, or P&L.
Angel Oak	15%	Requires a CPA or tax preparer statement.
UWM	10%-50%	10% with CPA/tax preparer validation; 50% for fixed expense ratio method.

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

Here is a comparison of Bank Statement Loan options across the available lenders based on your updated loan scenario:

Lender	Program Name	Minimum Expense Ratio	Loan Terms	Additional Notes
NQM Funding	Select Prime, Flex Supreme, etc.	10% (with third-party prepared expense statements)	Fixed and ARM options for primary residences, second homes, and investment properties.	Flexible documentation options, including bank statements, full doc, P&L, and 1099.
LoanStream	Closed End & Concurrent Second Mortgages, etc.	Not explicitly stated	Fixed, ARM, and Interest-Only options available.	Designed for borrowers with flexible documentation needs.
Logan Finance	Bank Statement Program	50% (default for business bank statements)	5/6 ARM, 5/6 ARM with 10-Year IO, and 30-Year Fixed Rate Mortgage.	Lower expense ratio possible with third-party documentation.
Orion Lending	Titan Flex, Titan Prime Jumbo	15% (for Titan Flex)	Fixed, ARM, 30/40-year terms, including interest-only options.	Expense factors vary by business type; business narrative required.
Homebridge Wholesale	Access Program (Non-QM)	50% (default)	Fixed and ARM options, including Interest-Only.	CPA-prepared P&L required for lower expense ratios.
LendSure Mortgage	Super-Prime/Alt-A, Expanded Approval, etc.	Not explicitly stated	Fixed and ARM options, including Interest-Only.	Designed for self-employed borrowers with flexible income documentation.
Oaktree Funding	Non-Agency Advantage, Titanium Advantage, etc.	50% (default)	Fixed, Interest-Only, and HELOC options available.	Lower expense ratio possible with CPA/CTEC/EA letter or P&L.
The Loan Store	Flex NQM Income	15%	Fixed and ARM options; tax returns not required.	Business narrative and verification of business existence required.
Axos Bank	ALT DOC EXPRESS, Expanded Non-QM, etc.	Not explicitly stated	Fixed and ARM options for owner-occupied, second homes, and investment properties.	Flexible documentation options for purchase, rate/term refinance, and cash-out transactions.

Key Takeaways:

1. Minimum Expense Ratios: Most lenders default to a 50% expense ratio, but some allow lower ratios with CPA-prepared documentation (e.g., NQM Funding, Orion Lending, Oaktree Funding).
2. Loan Terms: Options include Fixed, ARM, and Interest-Only loans, with terms ranging from 10 to 40 years.
3. Flexibility: Programs cater to self-employed borrowers with varying documentation requirements, including personal or business bank statements.

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