How does the Bank Income Report help with underwriting decisions?

It provides information to configure underwriting rules, allowing for fewer manual reviews. Underwriting decisions are categorized as:

• AUTO APPROVE: When Stated Income matches grossed up income, and there are regular deposits going back past 12 months.
• MANUAL REVIEW: When deposits are irregular, not enough history is available, or deposits are from multiple sources.
• REQUEST DOCS: When Stated Income is outside of the estimated income band.