MoneyThumb vs StatementReady for bank statement loan files
MoneyThumb describes its products as financial file converters for lenders, and its mortgage lender page describes PDF Insights to review and analyze 24 months of bank and asset statements. StatementReady works only on bank statements for bank statement loan files.
Sources: https://www.moneythumb.com/; https://www.moneythumb.com/mortgage-lenders/ (checked November 5, 2026)
Compared on November 5, 2026. MoneyThumb details come from MoneyThumb'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.
MoneyThumb 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 MoneyThumb lists for its PDF Insights product. We don't rate either one. The table shows only the rows that both companies describe on their public pages.
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 MoneyThumb lists
MoneyThumb describes its products as financial file converters for lenders. Its lender page lists small business lenders and mortgage lenders, and names bank statement and asset-based loans and other non-QM loans. Its mortgage lender page describes PDF Insights to "Review and analyze 24 months of bank and asset statements."
Sources: https://www.moneythumb.com/; https://www.moneythumb.com/lender/; https://www.moneythumb.com/mortgage-lenders/ (checked November 5, 2026)
Side by side
| StatementReady | MoneyThumb PDF Insights, 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 lender page lists small business lenders and mortgage lenders, and names bank statement and asset-based loans and other non-QM loans. | https://www.moneythumb.com/lender/ checked November 5, 2026 |
| Documents read | StatementReady works only on bank statements for bank statement loan files. | Bank and asset statements: "Review and analyze 24 months of bank and asset statements." | https://www.moneythumb.com/mortgage-lenders/ 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. | "Upload PDFs and Image Files." It says it "Processes scanned or faxed image-based statements as well as PDFs." | https://www.moneythumb.com/pdf-insights/ 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. | Describes "automatic reconciliation, which compares transaction totals to summary information on the statement. If everything checks out, the statement is identified as reconciled." | https://www.moneythumb.com/pdf-insights/ 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. | "Identify and remove transactions that should not be included as revenue such as transfers, loans, and recovery companies." It also shows "the number and type of transfer in and out of the account." | https://www.moneythumb.com/mortgage-lenders/ 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. | Shows the number of occurrences, by statement month, where the account was overdrawn due to insufficient funds, and the number of transactions that resulted in an overdraft incident by statement month. It also lists the number of negative balance days and low balance days. | https://www.moneythumb.com/mortgage-lenders/ https://www.moneythumb.com/pdf-insights/ checked November 5, 2026 |
| Balances and outputs | 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. | Lists "account averages by month, total credits, total debits, average balances, and more," and a "Fully Customizable Underwriting Scorecard." | https://www.moneythumb.com/mortgage-lenders/ checked November 5, 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. | No PDF Insights price is listed on the pages checked. Its lender page says MoneyThumb converters are licensed to individual users and mentions volume pricing for multiple users. | https://www.moneythumb.com/lender/ checked November 5, 2026 |
MoneyThumb lists no PDF Insights price on the pages checked and StatementReady prices by loan file, so the price rows can't be compared one to one.
MoneyThumb details are from MoneyThumb's public pages on the date shown and may have changed. Check MoneyThumb'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 MoneyThumb may fit
If you also convert PDF bank and credit card statements into other file formats for accounting systems, or work with small business lenders as well as mortgage, MoneyThumb's pages list those uses. StatementReady works from bank statements for bank statement loan files.
Sources: https://www.moneythumb.com/; https://www.moneythumb.com/lender/ (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 MoneyThumb and StatementReady?
MoneyThumb describes its products as financial file converters for lenders, with PDF Insights for reviewing bank and asset statements; no PDF Insights price is listed on the pages checked. 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 MoneyThumb information on this page come from?
From MoneyThumb's public website, on the date shown in each row. We didn't sign up for or use MoneyThumb's products. 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.
MoneyThumb and PDF Insights are trademarks of their owner. StatementReady isn't affiliated with or endorsed by MoneyThumb.
Comparison information about MoneyThumb comes from MoneyThumb's public pages as of the dates shown and may have changed.
Spot something out of date? Email support@statementready.net.