Self-Employed Non-QM Underwriting Desk · CPA Expense Ratio & Deposit Audit

12/24-Month Bank Statement, 1099 & Asset-Depletion Non-QM Income Qualifier

Calculate qualifying monthly income across 12-month and 24-month Business or Personal Bank Statements, compare the standard 50% fixed expense factor against a CPA/EA Expense Ratio Letter (down to 15% for low-overhead service businesses), audit NSF/overdraft eligibility, or layer 60/84-month Asset Depletion.

Self-Employed Non-QM Deposit & CPA Expense Audit Desk

12/24-Month Bank Statement, 1099 & Asset-Depletion Inputs

Non-QM Income Documentation Track

Avg. Monthly Eligible Business Deposits ($)

Borrower Business Ownership (%)

Expense Factor Calculation Method

CPA / EA Stated Expense Ratio (%, Min 15% Floor)

NSF / Overdrafts in Trailing 3 Months (Count)

NSF / Overdrafts in Trailing 12 Months (Count)

Eligible Post-Close Liquid / Retirement Assets ($)

Asset Depletion Amortization Factor (Months)

Proposed Monthly Housing PITIA ($/mo)

Other Monthly Credit Report Obligations ($/mo)

Non-QM Deposit Qualification Verdict · SteveMannenbach.com · Principal Desk

Qualifying Income, DTI & NSF Gate

Net Qualifying Monthly Income

$31,500/mo

Expense Factor: 25%

Qualifying Back-End DTI

21.1% DTI

Guideline Cap: 50.0% (55% w/ Reserve Comp)

Max Housing PITIA @ 50% DTI

$14,500/mo

Net of $1,250/mo other debts

NSF / Overdraft Tolerance Gate

ELIGIBLE_WITH_LOE

0 in 3 mo · 1 in 12 mo

4-Method Non-QM Qualifying Income Comparison

Underwriting Method	Expense Haircut	Qualifying Income
CPA Expense Ratio Letter	25% Expense	$31,500/mo
Standard 50% Fixed Factor	50% Default	$21,000/mo
1099 Contractor Track	10% Expense	$37,800/mo
Asset Depletion (60 Mo)	Asset / 60	$10,833/mo

Arranged by Loan Daddy LLC · NMLS #2827624 · (480) 485-1229 · Mortgage broker, not a lender.

Submit Bank Statements for Free Audit →