Repricing CBA in Sherlok
Streamline Your CBA Repricing with Sherlok – No Delegate Access or Stored Credentials Required
Simplify the repricing process for your CBA loans using Sherlok, a solution that aligns with CBA's security expectations by avoiding the need for delegate access or storing lender credentials in Sherlok.
Follow these step-by-step instructions to reprice your CBA loans efficiently and securely:
- Log in to Sherlok
Access your Sherlok account. - Navigate to Reprices or Clients
On the left panel, click on Clients / Reprices to initiate a reprice. - Trigger CBA reprices:
- Click Reprice now.
- Review the loan data pre-populated in Sherlok using your CommBroker by clicking on "Go to Commonwealth Bank Portal"
- From there, log in with your credentials and search for the client’s loan data.
- Input all required loan data in Sherlok.
- For Coming off fixed loans, make sure to input the fixed expiry date together with the initial variable revert rate.
- In the CBA Portal, follow the standard procedure in submitting a reprice using their HLPT tool.
- You may refer to the readily available competitive product for your reference when inputting the other lender’s offer.
- Once everything is confirmed, click "I have submitted the reprice to Commonwealth Bank."
If auto-forwarding is set up, the lender's response will be automatically forwarded, and the reprice outcome should be received within three (3) business days.