The Override Rate tool will let you customise any rate or discount for any lender!
This feature will be helpful if:
You are proposing a loan with a fixed rate or any other product that we do not have natively built in
You have completed your discretionary pricing for the big 5 lenders and found that you will be getting a slightly different rate to the one that we have.
Or to see how any future rate changes will affect your servicing. The "Add to Rates" tool can also be used for this.
💡 Read about the loan products we have in Quickli here.
There are two ways to access the Rate Override feature:
Click on the Product Rate
If you hover your mouse over the Product Rate and click it, a popup will appear.
From here can completely customise any rates throughout the scenario for that chosen lender.
Proposed Loan Override Rate Button
You can also click on the "Override Rate" button next to a proposed loan to control any rates for that loan or enter a generic rate that every lender will use.
Add to Rates
The Add to Rates Field will allow you to add to all existing rates to anticipate any future rate changes. You can access this from the per loan rate section as well as above the results panel.
You can enter positive numbers for a rate rise or negative numbers for a rate drop.
If you ever have any questions reach out to us on the chat box in the bottom right corner of your screen 🤓