Rate Offset And Resetting To Live Rates

A rate offset adjusts every rate by a fixed amount. Reset to live rates wipes overrides and offsets back to market.

Two global controls live on the Rates page beyond per-cell overrides: the rate offset and the reset to live rates action.

What A Rate Offset Is

A rate offset is a flat adjustment applied to every rate across every lender and term. It's a single number (in basis points or percentage points) that shifts the whole grid:

  • Set a +10 bps offset and every rate goes up by 0.10%.
  • Set a -5 bps offset and every rate goes down by 0.05%.

Useful when:

  • You consistently negotiate better than posted across all lenders. Apply a global negative offset.
  • You want to be conservative in your client conversations. Apply a global positive offset so your candidate math under-promises.
  • You're testing scenarios without touching individual overrides.

When To Use An Offset Vs Per-Lender Overrides

  • Use an offset when the adjustment is uniform across lenders.
  • Use per-lender overrides (Adding Rate Overrides) when the adjustment is lender-specific.

You can use both - overrides stack on top of the offset.

How Reset To Live Rates Works

The Reset to Live Rates action wipes:

  • Every per-lender override you've added.
  • The global rate offset.

After reset, the grid shows pure posted rates from every lender - nothing custom on top.

You'll be asked to confirm before the reset goes through (it's not easy to undo).

What Gets Wiped (And What Doesn't) On Reset

Wiped:

  • All per-cell overrides.
  • The global rate offset.

Not wiped:

  • Custom lenders you've added - they stay (with whatever rates they had).
  • Hidden lenders - your hidden lenders list stays.
  • Per-client rate overrides - these live on the client profile, not the Rates page. Reset doesn't touch them.

A Practical Reset Workflow

If your overrides have become stale (rates moved, your negotiated rates changed), it's often cleaner to:

  1. Reset to live rates to start clean.
  2. Add fresh overrides for the lenders where you actually have better rates today.

Rather than trying to remember which override is current.

What To Do Next

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