12-Month Stated Income Review Completed in Minutes
Purelend turned a traditionally 3+ hour Stated Income review into a 5-minute baseline analysis plus a quick 20 minute lender-ready finish.
Performance Snapshot
Case Study: Broker Partner
Deal Type: Alternative / B-Lending
Challenge
The broker needed to piece together 12 months of income from several different bank accounts, each with mixed personal and business deposits, making it slow and error-prone to identify what was recurring, what was acceptable, and what lenders would decline.
How Purelend Helped
Baseline analysis in ~5 minutes
Purelend automatically extracted, parsed, and classified all 12 months of statements, identifying recurring income patterns, cleaning up non-qualifying deposits, and expenses.
Broker-controlled adjustments (20 minutes)
The broker reviewed and confirmed what would be acceptable to their lender, removing non-qualifying inflows and reclassifying relevant business transactions.
Complete monthly income statement
After adjustments, Purelend generated a fully broken-down monthly income summary (excel), clean, and ready to send to the lender.
Submission-ready output
The final report followed the exact lender format the broker needed, eliminating back-and-forth and reducing conditions.