Convert Bank Statements to Spreadsheet Data for Mortgage Workflows

Where a mortgage workflow needs statement information in a spreadsheet, the usual alternative is someone typing it. StackExtract extracts the transaction activity from the PDF instead — dates, descriptions, amounts, and balances where the statement prints them — and presents it as rows.

The gain is administrative: the same information, in a form that can be sorted and filtered, without the transcription step and the errors that come with it.

Where the statement distinguishes several accounts, the rows stay separated by account rather than being flattened into one list. That separation is worth confirming in review before the file goes anywhere: rows that are individually correct but attributed to the wrong account are the hardest kind of error to notice afterwards.

Everything extracted is visible and editable before export, and rows that a check flagged are marked. Where the statement prints opening and closing balances, the reconciliation check runs against them and reports when the figures it needs are absent.

Those checks are about the extraction, not about the borrower. They can tell you the rows do not sum to the statement total, which usually means something was misread. They say nothing about income, nothing about affordability, and nothing about whether the document is genuine — and StackExtract makes no claim to detect any of that.

The source statement remains the reference throughout. Where the table and the document disagree, the document is right.

Statements that arrive as scans or phone photographs have no text layer, so they go through the scanned-document OCR beta and are labelled as scanned. That label is doing real work here, because borrower-supplied documents are frequently photographs: a result from a photograph and a result from a portal download deserve different amounts of scrutiny, and a table that did not say which it came from would invite you to trust both equally.

Where the statement does not print the balances the check needs, that is reported as a check which could not run, not as a pass. An absence of flags means nothing was found to flag, not that the document has been verified — and nothing is silently corrected: a figure that disagrees is shown as printed and the row is marked.

StackExtract performs no underwriting. It produces no eligibility decision, no affordability assessment, no income verification, no fraud score and no borrower verification of any kind. It does not assess, rate, rank or recommend.

It is a document-conversion tool. Every lending judgement, every compliance obligation and every decision about what the data means stays with the people and the processes that already own them, and nothing on this page should be read as changing that.

The distinction matters practically rather than only legally: a spreadsheet produced by StackExtract is a transcription of a statement that a person has reviewed, and it carries exactly the authority the underlying document does.

None of that is a limitation being apologised for. A converter that offered an affordability view or a verification result would be producing an output its inputs cannot support, and the danger is that such an output looks like a finding rather than a guess.

Reviewed rows export to CSV or XLSX, with the edits you made included.

There is no loan-origination-system integration and no lender API in this version. The export is a file you download and take into whatever workflow follows.

Each PDF is one document whatever its page count, and the preview is complete: you see every extracted row before deciding whether to export. On the free plan the preview costs nothing. On a paid plan a document counts once, when its extraction succeeds, whether or not you go on to export it; a file that cannot be processed costs nothing on either. On documents that arrive in unknown condition, seeing whether a statement converted cleanly before taking it any further is the useful order.