LendScope vs Sherlok
Sherlok watches the loans you have already settled — "RateTraker" monitors client rates and "InstantAPPLY" collects the fact-find, bank statements and credit reports. LendScope works out who can borrow what on the next deal. They sit at different ends of the broker workflow; here is what each one publishes, as at 2 September 2026.
The core difference
Sherlok looks at the existing book. Its site describes RateTraker as monitoring clients "continuously for uncompetitive rates" with "alerts when a client's rate needs a review", and InstantAPPLY as a client link where "fact-find, bank statements, credit reports and expense categorisation all happen in the background" — with "Quickli scenarios pre-populated" and an "automatic push to AFG CRM".
LendScope looks at the next deal: serviceability across 51 lenders, funds to complete, loan structures and a levers card for the ones that fail, with the lender policy source shown on each row.
| Feature | LendScope | Sherlok |
|---|---|---|
| Primary use case | New-deal serviceability, funds to complete, loan structures | Rate monitoring on the settled book ("RateTraker") and client data collection ("InstantAPPLY") |
| Lender panel | 51 Australian lenders, rate dated on every row | Lender coverage not published |
| Serviceability engine | Own engine; 9 lenders' policies cited to their workbook cells and 8 workbooks compared in the test suite | Not its own — InstantAPPLY pre-populates "Quickli scenarios" |
| Client fact-find | Fact-find link the client completes without an account; imports straight into a scenario. No bank-statement or credit-report retrieval | "Fact-find, bank statements, credit reports and expense categorisation"; "10 Experian credit reports per month included" |
| Client communications | Read-only share link, PDF client report and audit pack; no outbound email or SMS | Rate-review alerts; a branded client link shared "via email, text, Calendly or your email signature" |
| Aggregator / CRM | None required — applicant inputs are the data; CSV / XLSX import from a CRM export | RateTraker "works with any aggregator"; InstantAPPLY has an "automatic push to AFG CRM" |
| Watching for movement | A scheduled job re-runs every saved scenario against the current panel and emails the broker when a lender's status moves | Monitors settled clients' rates and alerts when one "needs a review" |
| Broker portal directory | 53 portal links, one click from each lender row | Not published |
| Cost | Free while in beta | Subscription; prices not published. Both products are "included in every active Sherlok subscription. No add-ons, no upgrades" |
| Try before you buy | Free while in beta | Not published — the site offers a waitlist and a get-started form |
When to pick LendScope
- You are writing new loans and need serviceability across the panel with the policy source shown per lender.
- You want funds to complete, loan structures and a levers card in the same screen as the result.
- You want the client's own numbers without a bank-statement pull — the fact-find link asks for the household and imports it as a scenario.
When to pick Sherlok
- You have a settled book and want to be told when a client's rate needs a review.
- You want bank statements, credit reports and expense categorisation collected through a client link.
- You already run Quickli and AFG's CRM, which InstantAPPLY feeds directly.
Sherlok facts are quoted from sherlok.com.au as read on 2 September 2026; the site publishes no pricing page, so "not published" means exactly that. LendScope facts are checkable in the public repository — the file is named in the page source next to each row. Verify both before deciding.