Benedict Servicing LFN Pricing

You own your software: a one-time perpetual license, honored forever. Support is hourly, only when you use it. And nothing, ever, is charged per loan.

Benedict Servicing LFN

The original Benedict Servicing desktop system. One-time perpetual licensing, honored forever — nothing about LFN changes.

One-Time System License Fee

We enjoy building systems to handle complex situations. We think that this is where the complexity should end. Choose your user count, know your cost — peace of mind. Beyond the system cost, all support is billed hourly at $190 per hour.

Base license (includes 3 concurrent users) $29,500
Each additional concurrent user $3,500

Perpetual: the license is yours forever. Users added after your initial purchase are $4,500 each.

$29,500

3 concurrent users · base includes 3, each additional $3,500 at purchase. Need more than 50? Talk to us.

No Per-Loan Fees

We DON'T charge per loan. We believe automation should decrease costs and let you grow your portfolio and company — $0 additional cost per loan, at any volume.

Implementation

Deciding on your new loan servicing system can be a big decision. Implementation can include training, gap-analysis, conversion, customizations, and other areas — all billed hourly at $190.

Conversion Options

Manual Conversion
8+ Hours
For Smaller Portfolios
Using the DataImporter
16+ Hours
You Build It Yourself
Fully Automated
50-75 Hours
We Manage the Majority

What's Included

  • Installation Support
  • Weekly Project Management
  • One Point of Contact (US-Based)
  • On-Demand Upgrades - Hourly
  • On-Demand Customizations - Hourly
  • 6 Month Warranty (180 Days)
  • AI Training (optional)
  • On-Demand Training Plans

Want to discuss further?

Request a Demo

Or, contact us directly: (303) 747-6690 / bgiinfo@benedictgroup.com

Typical Hourly Work

Beyond the one-time fee, LFN does not require any additional fees unless you'd like to use our support. These are all optional.

*The following are estimates and no client is the same.

Upgrade
4-8 Hours
Custom Report
8-10 Hours
Extra Training Session
1-2 Hours
Customization
1 - 25+ Hours
Min Support Charge
1/4 Hours
Support Question
1/2 - 1 Hour

Support Is Hourly. Only When You Use It.

For 20+ years the promise has been simple: no maintenance contracts, no support retainers — you pay only for help you actually use.

$190/hr, On Demand

Same rate, same team, same process — for every client.

Support Banks

Prefer predictability? Discounted pre-paid hour banks are available.

No Maintenance Contracts

Your license is perpetual. There is no annual fee to keep running what you own.

Questions to Ask Any Servicing Vendor

Including us. Pricing in this industry hides in the fine print — these four questions surface it.

Do you charge per loan?

Many vendors price by portfolio size, so your growth becomes their revenue. We never have and never will — on any product.

What does "maintenance" actually buy?

Annual maintenance of 18–22% of license cost is common in this industry. Ask what ships for that money. Benedict has no maintenance contract — our support is hourly, only when you use it.

Who hosts your data?

Forced hosting means your loan data lives on someone else's terms. Everything we sell runs in your environment — on-prem or your cloud.

Can you keep the system if you stop paying?

With a Benedict perpetual license, yes — it's yours forever, and we keep supporting it hourly. Ask any vendor what happens to your access when the contract lapses.

Ready to Transform Your Loan Servicing?

Tell us about your needs and we'll schedule a personalized demo.

I'm interested in:

What to expect

  • 30-minute personalized walkthrough of the platform
  • Discussion of your specific servicing workflows
  • Honest assessment of fit for your portfolio
  • No pressure — just a straightforward conversation

Prefer to call?

(303) 747-6690