DocuClipper vs StatementReady for bank statement loan files
DocuClipper describes itself as a financial document automation platform that extracts, analyzes, and syncs data from bank statements, invoices, checks, and tax forms. StatementReady works only on bank statements for bank statement loan files.
Source: https://www.docuclipper.com/pricing/ (checked November 5, 2026)
Compared on November 5, 2026. DocuClipper details come from DocuClipper's public pages as checked on the date in each row and may have changed. StatementReady details are from statementready.net on the publish date.
DocuClipper and StatementReady both read uploaded bank statements. Here is what each lists publicly, side by side, for a bank statement loan file. We describe what StatementReady does, then what DocuClipper lists. We don't rate either one.
What StatementReady does
Upload 12 or 24 months of a self-employed borrower's business or personal bank statements.
StatementReady builds an income worksheet from the uploaded statements using the months, ownership % and expense factor you enter. It's a tool to check against your lender's guidelines, not a lending decision. You and your lender make the final call on what counts as income.
What DocuClipper lists
DocuClipper describes itself as a financial document automation platform that extracts, analyzes, and syncs data from bank statements, invoices, checks, and tax forms. Its pricing page says it is "Built for accountants, lenders, and financial professionals," and its lending page is headed "For lenders, fintechs & mortgage teams."
Sources: https://www.docuclipper.com/pricing/; https://www.docuclipper.com/industries/lending/ (checked November 5, 2026)
Side by side
| StatementReady | DocuClipper, as listed on its public pages | Source and date checked | |
|---|---|---|---|
| Who it's described for | Upload 12 or 24 months of a self-employed borrower's business or personal bank statements. | Its pricing page says "Built for accountants, lenders, and financial professionals." Its lending page is headed "For lenders, fintechs & mortgage teams." | https://www.docuclipper.com/pricing/ https://www.docuclipper.com/industries/lending/ checked November 5, 2026 |
| Documents read | StatementReady works only on bank statements for bank statement loan files. | Bank statements, invoices, checks and tax forms. Its lending page lists bank and card statements, pay stubs, and tax forms. | https://www.docuclipper.com/pricing/ https://www.docuclipper.com/industries/lending/ checked November 5, 2026 |
| Upload formats | You can upload separate PDFs or one combined PDF, and StatementReady splits it into individual statements and detects the account and period for each. The limit is 20 MB per PDF. Digital PDFs are read from their text, and scanned or photographed statements saved as PDF are read from the page images. | PDF bank and credit card statements, digital or scanned. Up to 100 statements per upload. | https://www.docuclipper.com/solutions/bank-statement-to-excel/ checked November 5, 2026 |
| Balance checks | Every statement is checked to the cent: opening balance plus credits minus debits must equal the closing balance. It also checks that each closing balance matches the next opening balance and flags missing months. Statements that don't reconcile, or can't be checked, are marked Unverified, and exports carry that warning. You review flags and can edit rows. | Says it "adds up the transactions against the statement's printed opening and closing balance and flags any statement that doesn't match before you export." | https://www.docuclipper.com/solutions/bank-statement-to-excel/ checked November 5, 2026 |
| Missing months | In StatementReady, a month with no statement in the 12- or 24-month window is flagged as missing and counts as zero in the worksheet until you add it. | Its pricing page says a Report tab covers "coverage and missing months, income, risk flags, cash flow, transfers and recurring payments" for a project's statements. | https://www.docuclipper.com/pricing/ checked November 5, 2026 |
| Deposits by month and exports | You get an .xlsx with the income summary and month rows, the letter-of-explanation list and average daily balances. CSV and PDF exports are also available. | Every transaction, with date, description, debit, credit and running balance, exported as XLSX or CSV. The Report tab downloads as PDF or XLSX. | https://www.docuclipper.com/pricing/ https://www.docuclipper.com/solutions/bank-statement-to-excel/ checked November 5, 2026 |
| Deposits left out | StatementReady excludes matched internal transfers, refunds, tax refunds and returned items automatically, and you can override any item. Deposits that look like wages or payroll, Social Security, SSI, pension, rent or child support aren't counted by default either, and you can count any of them back in the Review queue. | Its lending page lists "Categorize income, expenses, and transfers with consistent rules," "Identify recurring income sources automatically" and "Distinguish salary from irregular deposits." | https://www.docuclipper.com/industries/lending/ checked November 5, 2026 |
| NSFs and overdrafts | It counts NSF and overdraft occurrences by month and account, and warns you when a count is over the limit you set on the loan file. If you leave the limits blank, it uses 3 in 12 months or 6 in 24 months. Set them to match the program you're submitting to. | Lists "NSF, returned-item and overdraft fees and days below zero, by month." | https://www.docuclipper.com/industries/lending/ checked November 5, 2026 |
| Unit of charge | One borrower application, including all its bank statements within 60 days of the first upload. Statements uploaded to that same loan file after the first 60 days are updates and don't use another credit, for as long as that loan file is still in your account. A separate loan file for a new application uses another credit. A co-borrower on the same application doesn't add a loan file. | Pages processed: "One page of any PDF you successfully process counts as one page." Pages reset every billing cycle, and pages included in the monthly plan do not carry forward to the next month. Unlimited users. | https://www.docuclipper.com/pricing/ checked November 5, 2026 |
| Listed price | Your first 2 loan files are free, no card required. Then pay as you go at $15 per loan file, paid in advance, or Solo at $49/month with 6 loan files a month ($490/year with 72). Extra loan files on Solo are $8 each. | Billed annually, at the first page level shown for each plan: Starter $20.30/mo (60 pages); Business $111.30/mo (640 pages); Enterprise $279.30/mo (1,800 pages). Monthly billing: its converter page says "Pricing starts at $29/month." Higher page levels are offered on the pricing page and aren't listed here. | https://www.docuclipper.com/pricing/ https://www.docuclipper.com/solutions/bank-statement-to-excel/ checked November 5, 2026 |
| Free start | Your first 2 loan files are free, no card required. | A 14-day trial that processes up to 120 pages, no credit card required. | https://www.docuclipper.com/pricing/ checked November 5, 2026 |
DocuClipper prices by pages processed and StatementReady prices by loan file, so the price rows can't be compared one to one.
DocuClipper details are from DocuClipper's public pages on the date shown and may have changed. Check DocuClipper's site for current details.
StatementReady assists your review. It doesn't make underwriting or credit decisions, and it doesn't replace your judgment or your lender's guidelines.
Where DocuClipper may fit
If you also need invoices, checks or tax forms read in the same tool, DocuClipper's pages list those documents. StatementReady works from bank statements for bank statement loan files.
Source: https://www.docuclipper.com/pricing/ (checked November 5, 2026)
Where StatementReady fits
(Solo) Re-run a completed file under a saved profile without re-uploading or re-extracting the statements — only the calculation runs again. Configured by you from your saved settings — not a lender determination. Confirm the current guideline with the lender before you rely on it.
Reconciled means the transactions add up to the printed balances. It doesn't confirm that each deposit is eligible income.
How uploaded statements are processed, including AI reading of scanned pages, and when they're deleted is described in our Privacy Policy (Sections 4 and 6).
See what StatementReady produces from 12 months of statements before you sign up: the sample worksheet uses made-up data, and every download is marked SAMPLE.
FAQ
What's the difference between DocuClipper and StatementReady?
DocuClipper describes itself as a financial document automation platform, priced by pages processed. StatementReady builds a bank statement income worksheet for a mortgage loan file, priced by loan file. The table above shows what each lists, as of the date shown.
How does StatementReady check that the numbers are right?
Every statement is checked to the cent: opening balance plus credits minus debits must equal the closing balance. It also checks that each closing balance matches the next opening balance and flags missing months. Statements that don't reconcile, or can't be checked, are marked Unverified, and exports carry that warning. You review flags and can edit rows.
How is income calculated on a bank statement loan?
On a bank statement loan file, income is worked out from the deposits your lender will count over the look-back period, divided by the number of months, then adjusted by the borrower's ownership share and the program's expense factor. Requirements vary by lender and program. StatementReady's worksheet does exactly that: average counted deposits × ownership % × (1 − expense factor).
Does StatementReady make the lending or income decision?
No. It doesn't make a credit decision. You review the flags, and you and your lender stay responsible for checking the results against program guidelines.
How much does StatementReady cost?
Your first 2 loan files are free, no card required. Then pay as you go at $15 per loan file, paid in advance, or Solo at $49/month with 6 loan files a month ($490/year with 72). Extra loan files on Solo are $8 each.
Where does the DocuClipper information on this page come from?
From DocuClipper's public website, on the date shown in each row. We didn't sign up for or use DocuClipper's product. Details may have changed. Spot something out of date? Email support@statementready.net.
StatementReady assists your review. It doesn't make underwriting or credit decisions, and it doesn't replace your judgment or your lender's guidelines.
Try it on your next loan file.
Your first 2 loan files are free, no card required.
Then pay as you go at $15 per loan file, paid in advance, or Solo at $49/month with 6 loan files a month ($490/year with 72). Extra loan files on Solo are $8 each.
DocuClipper is a trademark of its owner. StatementReady isn't affiliated with or endorsed by DocuClipper.
Comparison information about DocuClipper comes from DocuClipper's public pages as of the dates shown and may have changed.
Spot something out of date? Email support@statementready.net.