LendScope vs Sherlok
Sherlok is a trail-book retention and refinance-alert tool — it watches your existing book and tells you who's overpaying. LendScope is a serviceability calculator — it tells you who can borrow what, today. They sit at different ends of the broker workflow; most brokers benefit from both.
The core difference
Sherlok looks backwards at your existing trail book. It monitors your settled loans, compares current customer rates to market, flags clients who could save by refinancing, and automates the outreach. It's a retention play.
LendScope looks forwards at the next deal. Serviceability across 40+ lenders for every new application — so brokers place clients with the right lender first time and don't waste hours on lender-specific calculators.
| LendScope | Sherlok | |
|---|---|---|
| Primary use case | New-deal serviceability | Trail-book retention + refinance alerts |
| Direction | Forward-looking (next deal) | Backward-looking (existing book) |
| Lender panel | 40+ Australian lenders | Major-bank pricing watch |
| Calculation engine | Full serviceability across panel | Rate monitoring + savings projection |
| Client communications | Not included (PDF export only) | Automated retention emails / SMS |
| Best for | Acquiring new business | Defending existing trail |
| Aggregator data feed | N/A — applicant inputs are the data | Required (your trail book feeds in) |
| Pricing (monthly) | From AUD 49 | Varies by book size (per-loan model) |
| Free trial | 14 days, no card | Free tier available |
| Time investment | Use per scenario (~3 min) | Set-and-forget once book is connected |
When to pick LendScope
- You're writing new loans and need a fast, accurate calculator across the panel.
- Your trail book is too small to justify a retention tool yet.
- You want broker-portal links bundled in (40+ in our directory).
- Speed matters — every minute saved per scenario adds up across a week.
When to pick Sherlok
- You have a settled book of AUD 30M+ that's at refinance risk and you want to defend it.
- You want automated client outreach when rates shift.
- Retention is currently your biggest leakage problem.
Try LendScope free for 14 days →
This page reflects publicly-available information at the time of writing (May 2026). Sherlok's pricing or feature set may have changed — verify the live sherlok.com.au before deciding.