Coconut + Mortgage Application: Complete Workflow
Preparing for mortgage application and using Coconut? Mortgage lenders require 3-6 months of bank statements to verify income and assess affordability. Manually organising these statements is time-consuming for both applicants and brokers. BankScan AI bridges the gap between your bank's PDF statements and Coconut's import feature.
BankScan AI → Coconut for Mortgage Application
Convert bank statement PDFs to CSV formatted for Coconut import. Convert your bank statements to clean Excel spreadsheets that clearly show income, regular outgoings, and spending patterns — exactly what mortgage lenders need to see.
How It Works
Upload your bank statement PDF
Supports all major banks. Upload 3-6 months of statements, though some lenders request 12 months for self-employed applicants of statements.
AI formats for Coconut
Output as CSV with Date, Description, Amount — Coconut accepts a single amount column with positive for income and negative for expenses — dates in DD/MM/YYYY.
Import and use for mortgage application
Upload into Coconut and use the reconciled data for mortgage application.
Supported Banks
BankScan AI works with all major UK and US banks, including:
Coconut + Mortgage Application Features
- Coconut ready — Output formatted as CSV matching Coconut's expected column structure
- Smart integration — Coconut auto-categorises imported transactions by comparing them against your existing Coconut transaction categories, learning your categorisation preferences over time.
- Built for Mortgage Application — Convert your bank statements to clean Excel spreadsheets that clearly show income, regular outgoings, and spending patterns — exactly what mortgage lenders need to see.
Import for Mortgage Application into Coconut
After converting your bank statements for mortgage application:
- In Coconut, go to Transactions > Import
- Upload the CSV from BankScan AI to bring in transactions from external bank accounts alongside your Coconut banking data
Common Import Issues
Coconut is primarily a banking app — the import feature is designed for bringing in transactions from non-Coconut accounts. Large file imports may time out on mobile.
Coconut Import for Mortgage Application
Mortgage offers typically expire in 3-6 months; brokers often need documents within 48 hours to secure a rate lock
Convert for Coconut + Mortgage Application