Entora vs StatementReady for bank statement loan files
Entora describes itself as document follow-up and income calculation for loan officers. StatementReady works only on bank statements for bank statement loan files.
Source: https://entora.io/ (checked November 12, 2026)
Compared on November 12, 2026. Entora details come from Entora'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.
Entora and StatementReady both work on a mortgage loan file before it is submitted, from different documents. Here is what each lists publicly, side by side. We describe what StatementReady does, then what Entora 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 Entora lists
Entora describes itself as document follow-up and income calculation for loan officers. Its home page says it follows up with borrowers when a document is missing and "reads W-2s, paystubs, and tax returns and calculates income using underwriting guidelines." Its pricing page lists Entora Core at $299/month.
Sources: https://entora.io/; https://entora.io/checkout (checked November 12, 2026)
Side by side
| StatementReady | Entora, 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. | Loan officers. Its home page is headed "Built by loan officers, for loan officers." | checked November 12, 2026 |
| Documents read | StatementReady works only on bank statements for bank statement loan files. | Its home page says it "reads W-2s, paystubs, and tax returns and calculates income using underwriting guidelines." Its how-it-works page says borrowers submit "paystubs, W-2s, bank statements, and other documents" through an upload link. | https://entora.io/how-it-works checked November 12, 2026 |
| Income outputs | 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. | Its how-it-works page says it "calculates income and reviews credit and assets against guidelines to prepare the loan file for your decision." Bank statement income isn't described on the pages checked. | https://entora.io/how-it-works checked November 12, 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. | Says it "checks each document against loan program requirements and identifies missing or invalid documentation," and sends reminders to the borrower when something is missing or outdated. | https://entora.io/how-it-works checked November 12, 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. | Bank statement balance checks aren't described on the pages checked. | https://entora.io/how-it-works checked November 12, 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. | NSF and overdraft counts aren't described on the pages checked. | https://entora.io/how-it-works checked November 12, 2026 |
| Unit of charge and 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. | Its pricing page lists Entora Core at $299/month and shows a "Join the Waitlist" button. | checked November 12, 2026 |
| Free start | Your first 2 loan files are free, no card required. | No free plan or trial terms are listed on the pages checked. | checked November 12, 2026 |
Entora lists a monthly price and StatementReady prices by loan file, so the price rows can't be compared one to one.
Entora details are from Entora's public pages on the date shown and may have changed. Check Entora'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 Entora may fit
If you want borrower document collection and reminders, or income worked out from W-2s, paystubs and tax returns, Entora's pages list those uses. StatementReady works from bank statements for bank statement loan files.
Sources: https://entora.io/; https://entora.io/how-it-works (checked November 12, 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 Entora and StatementReady?
Entora describes document follow-up and income calculation for loan officers, reading W-2s, paystubs and tax returns, at a listed monthly price. 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 Entora information on this page come from?
From Entora's public website, on the date shown in each row. We didn't sign up for or use Entora'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.
Entora is a trademark of its owner. StatementReady isn't affiliated with or endorsed by Entora.
Comparison information about Entora comes from Entora's public pages as of the dates shown and may have changed.
Spot something out of date? Email support@statementready.net.