Tech riderRev. 7 Oct 2026
Benedict Servicing LFN
- 1Runs onself-hosted, Windows
- 2CostsNot stated by the maker
- 3Deploymentboth
- 4Payment schedulingYes
- 5Borrower portalNo
- 6API accessYes
- 7Loan types supportedPermanent commercial mortgages; multi-family and affordable housing; construction; participation and multi-investor; bridge and mezzanine; lines of credit and revolvers; ARM and variable-rate; deferred and capitalized interest; workouts and modified loans
6 lines stated Written from the maker's own pages: benedictgroup.com
Overview
Benedict Servicing LFN is ranked #18 of 32 in loan management software on Specifiction. It runs on Self-hosted, Windows. There is no free plan.
Benedict Servicing LFN plans and pricing
All plansEach additional concurrent user $3,500 once One-time fee at purchase Per additional concurrent user · users added after initial purchase are $4,500 each benedictgroup.com · 7 Oct 2026
Base license (includes 3 concurrent users) $29,500 once One-time perpetual system license fee Includes 3 concurrent users · no per-loan fees benedictgroup.com · 7 Oct 2026
Compared on loan management software
- Free plan
- Nobenedictgroup.com
- Deployment
- bothbenedictgroup.com
- Payment scheduling
- Yesbenedictgroup.com
- Borrower portal
- Nobenedictgroup.com
- API access
- Yesbenedictgroup.com
- Loan types supported
- Permanent commercial mortgages; multi-family and affordable housing; construction; participation and multi-investor; bridge and mezzanine; lines of credit and revolvers; ARM and variable-rate; deferred and capitalized interest; workouts and modified loansbenedictgroup.com
Facts
- Purpose
- Benedict Servicing LFN is desktop loan servicing software for commercial and multi-family lenders.benedictgroup.com · 7 Oct 2026
- Loan lifecycle
- LFN supports servicing from application through payoff using configurable rules and parameters.benedictgroup.com · 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 · 7 Oct 2026
- Loan structures
- Supported loan scenarios include construction, participation, bridge, mezzanine, revolving credit, variable-rate, deferred-interest and modified loans.benedictgroup.com · 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 · 7 Oct 2026
- Integrations
- The maker describes customizable general-ledger exports and scheduled exports for a GL, data warehouse and mail merge.benedictgroup.com · 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 · 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 · 7 Oct 2026
- Fees
- LFN has no per-loan fees, and the maker says no maintenance contract is required.benedictgroup.com · 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 · 7 Oct 2026
Best Benedict Servicing LFN alternatives
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Where it ranks on Specifiction
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Sources
- benedictgroup.com/products/benedict-servicing· checked 7 Oct 2026
- benedictgroup.com/pricing· checked 7 Oct 2026