Benedict Servicing LFN Pricing
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. Beyond the system cost, support is billed hourly, $190 an hour through December 31, 2026; the 2027 rates are on the client pricing page.
Perpetual: the license does not lapse. Users added after your initial purchase are $4,500 each.
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. Larger pieces start with an initial project charge for the first phase, approved before work starts; the rest is hourly.
What implementation can include
What's Included
- Installation Support
- Weekly Project Management
- One Point of Contact (US-Based)
- On-Demand Customizations - Hourly
- AI Training (optional)
- On-Demand Training Plans
Want to discuss further?
Request a DemoOr, contact us directly: (303) 747-6690 / bgiinfo@benedictgroup.com
After You Go Live
Beyond the one-time fee, LFN does not require any additional fees unless you'd like to use our support. It is all optional.
- Support questions, upgrades, custom reports and training are hourly, when you ask.
- Larger changes start with an initial project charge for the first phase, approved before work starts.
- Clients who want their system kept current and improved can add the optional Forward plan from 2027.
Support Is Hourly. Only When You Use It.
For 20+ years the promise has been simple: no required maintenance contract, no support retainers — you pay only for help you actually use.
$190/hr, When You Ask
Same team, same process — for every client. This rate runs through December 31, 2026.
Larger Projects, Priced First
A larger project starts with a specification and an initial project charge for its first phase, approved before work starts. The rest is hourly, approved as it goes.
No Required Maintenance Contract
Your license is perpetual; it does not lapse. Forward, our optional plan from 2027, is for clients who want the current release every year.
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 — 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. A Benedict license never depends on a maintenance contract; our optional plan, Forward, is an improvement plan that buys something specific: your installed system kept current and steadily improved, with each year's release delivered to you.
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 does not lapse, and support stays hourly. Ask any vendor what happens to your access when the contract lapses.
Talk to Us About Your Servicing
Tell us about your needs and we'll schedule a personalized demo.
What to expect
- 30-minute personalized walkthrough of the platform
- Discussion of your specific servicing workflows
- Whether Benedict fits your portfolio
Prefer to call?
(303) 747-6690