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 different lenders:

Lender	Minimum Expense Ratio	Notes
Arc Home	15%	Applies when using a CPA-prepared expense statement.
A&D Mortgage	50%	Standard ratio for business bank statements. Lower ratios require a third-party-prepared Business Expense Letter or P&L Statement.
AmWest	30% (with Licensed Tax Preparer letter) 50% (standard)	Personal and business bank statements can qualify for the lower ratio with proper documentation.
Champions Funding	10% (no business expenses) 50% (with business expenses)	A CPA letter is required to justify a lower ratio if business expenses are present in a personal account.
Change Wholesale	10%	Applies specifically to the 1099 Only income documentation type.
Deephaven	50%	Fixed ratio unless third-party documentation shows a higher ratio.
Newfi Lending	5%	Requires a third-party prepared Business Expense Statement or P&L statement.
FundLoans	20%	Applies to programs like Aspire X and Apex Prime. Specific requirements vary by program.
Angel Oak	15%	Requires a CPA or tax preparer statement for business bank statements.
UWM	10% (CPA-provided) 50% (fixed)	Varies by program. For example, Bank Statement 30-Year Fixed - Blue allows for a 10% ratio with CPA documentation, while others like Bank Statement 30-Year Fixed - Orange use a fixed 50% ratio.

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

Here is an updated comparison of the minimum expense ratios for Bank Statement Loans based on the updated loan scenario:

Lender	Minimum Expense Ratio	Notes
Arc Home	15%	Requires a CPA-prepared expense statement. Fixed ratios range from 20%-70% depending on business type and employee count.
A&D Mortgage	50%	Standard ratio for business bank statements. Lower ratios require a third-party-prepared Business Expense Letter or P&L Statement.
AmWest	30% (with Licensed Tax Preparer letter) 50% (standard)	Personal and business bank statements can qualify for the lower ratio with proper documentation.
Champions Funding	10% (no business expenses) 50% (with business expenses)	A CPA letter is required to justify a lower ratio if business expenses are present in a personal account.
Change Wholesale	10%	Applies to both personal and business bank statements for 12 or 24 months.
Deephaven	50%	Fixed ratio unless third-party documentation shows a higher ratio.
Newfi Lending	50%	A CPA-prepared expense statement or P&L is required to document a lower ratio.
FundLoans	20% (service business with no employees) 50% (product business)	Ratios vary by business type and size. For service businesses, ratios range from 20%-50% based on employee count.
Angel Oak	15%	Requires a CPA or tax preparer statement for business bank statements.
UWM	10% (CPA-provided) 50% (fixed)	Varies by program. A CPA-provided ratio can go as low as 10%, while the fixed ratio is 50%.

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