Lender’s Office
is offered to you as an annual subscription fee of just
$180 per user.*
That comes down to just $15 a month for each employee
in your organization, an incredibly low price that mortgage
companies of any size can afford. When you’re ready to
get started, we’ll email you an invoice that allows you
to pay via credit card online. Within a matter of minutes, we’ll
have your account setup and ready for you to use.
Ready to Grow with You
Whether you are a small organization or a national
lender, Lender's Office is ready to grow with you. You
can start with 1 seat and add more as you grow.
Comparing LOS Costs
A major benefit of using Lender's Office is that it can reduce
your technology costs by up to 80 percent! As a Web-based LOS,
there are no software maintenance, IT infrastructure, or IT
personnel costs to support. The result is a "Total Cost
of Ownership (TCO)" of Lender's Office that is significantly
less than any competing LOS product. Use our TCO calculator
below to see how much money Lender's Office will save your business.
| Single
Location with 10 employees (yearly costs) |
|
Alternative #1 |
Alternative #2 |
Lender's
Office |
| Number of Users
|
10 |
10 |
10 |
Software License
|
$498.00 |
$298.00 |
$1,800.00 |
Software Maintenance
Fee |
$197.00 |
$295.00 |
$0.00 |
Transaction
Costs |
$600.00 |
$600.00
|
$0.00 |
IT Infrastructure/Hosting
Costs |
$3,000.00 |
$1,667.67 |
$0.00 |
IT Personnel
Support |
$6,000.00
|
$6,000.00
|
$0.00 |
Total
($)
|
$10295.00
|
$8,860.67
|
$1,800.00
|
| Costs
(%) |
100.00% |
86.07% |
17.48% |
| Single
Location with 50 employees (yearly costs) |
|
Alternative #1 |
Alternative #2 |
Lender's
Office |
| Number of Users
|
50 |
50 |
50 |
Software License
|
$2,083.00 |
$1,492.00 |
$9,000.00 |
Software Maintenance
Fee |
$1,000.00 |
$1,475.00 |
$0.00 |
Transaction
Costs |
$3,000.00 |
$3,000.00 |
$0.00 |
IT Infrastructure/Hosting
Costs |
$3,000.00 |
$1,666.67 |
$0.00 |
IT Personnel
Support |
$40,000.00 |
$40,000.00 |
$0.00 |
| Total
($) |
$49,083.00 |
$47,633.67 |
$9,000.00 |
| Costs
(%) |
100.00% |
97.05% |
18.37% |
| Single
Location with 100 employees (yearly costs) |
|
Alternative #1 |
Alternative #2 |
Lender's
Office |
| Number of Users
|
100 |
100 |
100 |
Software License
|
$3,333.00 |
$2,983.00 |
$18,000.00 |
Software Maintenance
Fee |
$2,000.00 |
$2,950.00 |
$0.00 |
Transaction
Costs |
$9,000.00 |
$9,000.00 |
$0.00 |
IT Infrastructure/Hosting
Costs |
$10,666.67 |
$3,333.33 |
$0.00 |
IT Personnel
Support |
$80,000.00 |
$80,000.00 |
$0.00 |
| Total
($) |
$104,999.67 |
$98,266.33 |
$18,000.00 |
Costs
(%)
|
100% |
93.59% |
17.14% |
| Multiple
Branches with 10 employees (yearly costs) |
|
Alternative #1 |
Alternative #2 |
Lender's
Office |
| Number of Users
|
10 |
10 |
10 |
Software License
|
$498.00 |
$298.00 |
$1,800.00 |
Software Maintenance
Fee |
$197.00 |
$295.00 |
$0.00 |
Transaction
Costs |
$600.00 |
$600.00 |
$0.00 |
IT Infrastructure/Hosting
Costs |
$4,200.00 |
$2,866.67 |
$0.00 |
IT Personnel
Support |
$24,000.00 |
$24,000.00 |
$0.00 |
| Total
($) |
$29,495.00
|
$28,059.67 |
$1,800.00
|
| Costs
(%) |
100.00% |
95.14%
|
6.10%
|
| Multiple
Branches with 50 employees (yearly costs) |
|
Alternative #1 |
Alternative #2 |
Lender's
Office |
| Number of Users
|
50 |
50 |
50 |
Software License
|
$2,083.00 |
$1,492.00 |
$9,000.00 |
Software Maintenance
Fee |
$1,000.00 |
$1,475.00 |
$0.00 |
Transaction
Costs |
$3,000.00 |
$3,000.00 |
$0.00 |
IT Infrastructure/Hosting
Costs |
$9,000.00 |
$7,666.67 |
$0.00 |
IT Personnel
Support |
$80,000.00 |
$80,000.00 |
$0.00 |
| Total
($) |
$95,083.00 |
$93,633.67 |
$9,000 |
| Costs
(%) |
100.00% |
98.48% |
9.47% |
| Multiple
Branches with 100 employees (yearly costs) |
|
Alternative #1 |
Alternative #2 |
Lender's
Office |
| Number of Users
|
100 |
100 |
100 |
Software License
|
$3,333.00 |
$2,983.00 |
$18,000
|
Software Maintenance
Fee |
$2,000.00 |
$2,950.00 |
$0.00 |
Transaction
Costs |
$9,000.00 |
$9,000.00 |
$0.00 |
IT Infrastructure/Hosting
Costs |
$28,666.67 |
$21,333.33 |
$0.00 |
IT Personnel
Support |
$160,000.00 |
$160,000.00
|
$0.00
|
| Total
($) |
$202,999.67 |
$192,266.33 |
$18,000.00 |
| Costs
(%) |
100.00% |
96.68% |
8.87% |
|
|