LockTracker.
An app idea for mortgage brokers.

What the search found

Who pays

Mortgage brokers and loan officers

The problem

Rate locks expire and brokers get stuck paying extension fees or losing the rate. The results show this is a real cost and a real worry. Brokers track locks in spreadsheets and memory.

The gap

OpenClaw monitors rate feeds and alerts on rate thresholds, not lock expiration dates. No product in the results tracks lock expiration dates per loan and alerts the broker before the deadline.

Already out there

• OpenClaw serif.ai

  Monitors mortgage rate feeds and alerts when rates hit a target. Does not track lock expiration dates or loan-level deadlines.

• Lower Mortgage lower.com

  Consumer guide to rate locks. Not a broker tool.

People asking for it

• Rate lock extension fees finance.yahoo.com

  Explains that a rate lock extension fee is a charge to keep the original rate, implying brokers and borrowers face real costs when locks expire.

• What happens if rate lock expires experian.com

  Says if the rate lock expires before closing you likely need to pay for an extension, and the fee may be waived if the delay is the lender's fault.

The big assumption

Brokers will trust a side project with lock dates when a missed alert costs real money.

Test it this week

Ask 10 brokers how they track lock expirations today. Offer to track their locks manually for two weeks via a shared spreadsheet and text alerts. See if they rely on it.