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On the recordRead 7 Oct 202611 facts
Benedict Servicing LFN
Plans and prices
Each additional concurrent user
$3,500one-time
Per additional concurrent user · users added after initial purchase are $4,500 each
Read 7 Oct 2026 · benedictgroup.com
Base license (includes 3 concurrent users)
$29,500one-time
Includes 3 concurrent users · no per-loan fees
Read 7 Oct 2026 · benedictgroup.com
On the record
- Deployment
- LFN can be hosted on in-house servers or in the cloud, according to the product page.benedictgroup.com · read 7 Oct 2026
- Escrow and payments
- It supports escrow analysis and disbursement, ACH, wire and lockbox processing, and real-time or batch payment processing.benedictgroup.com · read 7 Oct 2026
- Fees
- LFN has no per-loan fees, and the maker says no maintenance contract is required.benedictgroup.com · read 7 Oct 2026
- Integrations
- The maker describes customizable general-ledger exports and scheduled exports for a GL, data warehouse and mail merge.benedictgroup.com · read 7 Oct 2026
- Intended users
- The maker identifies commercial and multi-family lenders, housing finance agencies, insurance companies and other complex lending operations as audiences for its servicing software.benedictgroup.com · read 7 Oct 2026
- Loan lifecycle
- LFN supports servicing from application through payoff using configurable rules and parameters.benedictgroup.com · read 7 Oct 2026
- Loan structures
- Supported loan scenarios include construction, participation, bridge, mezzanine, revolving credit, variable-rate, deferred-interest and modified loans.benedictgroup.com · read 7 Oct 2026
- Purpose
- Benedict Servicing LFN is desktop loan servicing software for commercial and multi-family lenders.benedictgroup.com · read 7 Oct 2026
- Reporting
- LFN includes more than 280 reports and a ReportWriter with Excel and PDF export; power users can use SQL access.benedictgroup.com · read 7 Oct 2026
- Security and audit
- LFN offers groups, password rules and function- and field-level controls, plus a field-level audit trail with before-and-after values.benedictgroup.com · read 7 Oct 2026
- Support
- The maker describes a US-based point of contact and hourly support; its pricing page lists support at $190 per hour.benedictgroup.com · read 7 Oct 2026
