Benedict Servicing LFN
The facts below are what the maker publishes about Benedict Servicing LFN, checked and dated. Our editors have not written about it yet.
Plans and prices
From Benedict Servicing LFN's own pricing page, checked 7 Oct 2026.
| Plan | Price | What it gives you |
|---|---|---|
| Each additional concurrent user | $3,500, paid once | Per additional concurrent user · users added after initial purchase are $4,500 each · One-time fee at purchase |
| Base license (includes 3 concurrent users) | $29,500, paid once | Includes 3 concurrent users · no per-loan fees · One-time perpetual system license fee |
The facts
Each one read from Benedict Servicing LFN's own pages, with the date it was checked.
What it does
- Deployment
- LFN can be hosted on in-house servers or in the cloud, according to the product page.checked 7 Oct 2026
- Escrow and payments
- It supports escrow analysis and disbursement, ACH, wire and lockbox processing, and real-time or batch payment processing.checked 7 Oct 2026
- Fees
- LFN has no per-loan fees, and the maker says no maintenance contract is required.checked 7 Oct 2026
- Integrations
- The maker describes customizable general-ledger exports and scheduled exports for a GL, data warehouse and mail merge.checked 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.checked 7 Oct 2026
- Loan lifecycle
- LFN supports servicing from application through payoff using configurable rules and parameters.checked 7 Oct 2026
- Loan structures
- Supported loan scenarios include construction, participation, bridge, mezzanine, revolving credit, variable-rate, deferred-interest and modified loans.checked 7 Oct 2026
- Purpose
- Benedict Servicing LFN is desktop loan servicing software for commercial and multi-family lenders.checked 7 Oct 2026
- Reporting
- LFN includes more than 280 reports and a ReportWriter with Excel and PDF export; power users can use SQL access.checked 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.checked 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.checked 7 Oct 2026
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