Automated Rate Tracking & Repricing for Mortgage Brokers
We've automated the repricing process end-to-end for all the lenders to make it as easy as possible for you to retain your clients at scale.
Home Loan Spotlight Report
Access invaluable insights to elevate client retention in the mortgage broking sector with our Home Loan Pricing Spotlight Report.
Explore repricing data and refinancing trends across Australian lenders, unveiling effective strategies for brokers and lenders alike.
Optimise your retention tactics for sustained growth in the competitive mortgage market.
(30 MB Download)
Grow your loan book with your existing clients
It can cost brokers up to 5x more to attract a new client than it does to keep hold of an existing one. You’ve done all the hard work to attract those clients, the last thing you want to do is lose them by not being top of mind. Proactive automated client retention is how Sherlok can help you keep them.
How do mortgage brokers use automated
client retention?
Predict
Sherlok’s AI predicts which clients are most at risk of leaving and prioritises them for repricing first.
Retain
Sherlok will then reprice the at-risk clients’ loan with the current lender to a lower interest rate.
Refinance
If further savings can be made Sherlok’s Instant Refi comparison will generate refinance leads for brokers.
Loved by brokers,
here's what they say:
Predict trail book churn
Once we know what loans are at risk, we’ll automatically reprice those loans with the same lender to get a cheaper interest rate who call this the “Sherlok Retention Score”.
The Sherlok retention score is similar to a credit score. It’s an algorithm that looks at a whole range of different parameters, and then produces a score for each loan in your trail book. The higher the score, the higher the risk of losing that loan. A very high score suggests that the client will leave you in the next 12 months if you don’t do anything.
Reprice loans automatically
Sit back and relax as Sherlok analyses your client list. We monitor your clients’ interest rates to detect when your clients could be getting a lower rate.
Keep clients in your loan book
Sherlok compares your clients’ rates against other lender rates, identifies valuable refinancing opportunities from your existing trail book, and sends these leads straight to your inbox.