New Purchase Perfected in Minutes
A top performing broker ran a complex purchase file through Purelend, what once took hours of review and verification was completed in just six minutes, producing a flawless, lender-ready package.
Performance Snapshot
Case Study: Broker Partner
Deal Type: New Purchase, 90% LTV
Borrower 1: Self-employed (sole proprietor of two separate businesses)
Borrower 2: Full-time employee
Challenge
A complex down payment and multi-income scenario, multiple documents for the down payment (including investment statements and four separate bank accounts), multiple business income sources, and missing context on employment income.
How Purelend Helped
Income Automation
For Borrower 1, Purelend extracted data from two years of T1 Generals, separated the results by business, applied a two-year average with a 15% gross-up, and reconciled with the NOAs.
Employment Validation
For Borrower 2, Purelend flagged that YTD earnings didn't align with the LOE. The broker quickly confirmed maternity leave for the first two months of the year, preventing a lender callback.
Down-Payment Review
Purelend completed a full 90-day verification across all documents, including investment statements and bank accounts, sourcing every large deposit to its origin.
AI Insight
Purelend identified recurring CCB deposits, uncovering added borrower insight and automatically generating a complete, lender-ready deal summary.