Complex Down-Payment Sourcing Solved in 2 Minutes
Purelend instantly decoded foreign funds, FX conversions, and messy transfers, transforming a complex New-to-Canada file into a clean, lender-ready report in minutes, not hours.
Performance Snapshot
Case Study: Broker Partner
Deal Type: Insured Purchase • New to Canada
Challenge
A portion of the client's down payment was from Brazilian accounts, requiring analysis and FX conversion to CAD. After funds arrived in Canada, the client moved funds between three bank accounts, creating duplicate deposit trails and several large "unverified" deposits.
How Purelend Helped
Foreign statement analysis in ~2 minutes
Purelend automatically extracted and analyzed all Brazilian bank statements (we support 22 languages), and converted all balances to CAD at spot FX rates.
Smart transfer detection
Foreign deposits and transfers across three Canadian accounts were identified and cleaned up to clearly show the true source of funds.
Submission-ready output
Generated a clean, lender-friendly down-payment package, preventing back-and-forth and cutting conditions with the lender before they existed.