Pricing model
Bookend is priced per closed loan, with an annual minimum and a one-time implementation engagement that is part of every deal. There is no public rate card. Each bank receives a quote based on its closing volume, loan mix and core.
Three components
Section titled “Three components”| Component | What it covers |
|---|---|
| Per closed loan | The recurring fee follows use: each commercial loan Bookend validates and boards, billed quarterly in arrears from the closed-loan count. |
| Annual minimum | A floor regardless of volume, so the platform is supported properly and the cost is predictable for your budget cycle. |
| Implementation | One-time. Discovery, install, LAR and core field mapping, a parallel run on your historical closings, training and go-live. See Implementation engagement. |
Bookend is not licensed without the implementation. It is only right once it knows your approval record, your core fields, your document set and your credit policy, and once it has been proven on your own closings.
Tiers and adjustments
Section titled “Tiers and adjustments”- Standard covers packages generated by a documentation system for loans at your qualification threshold.
- Premium covers counsel-drafted packages on larger loans, which take more extraction and verification work per package.
- Air-gapped installs carry an uplift, because metering is self-reported through a signed quarterly usage report with audit rights.
Updates and support
Section titled “Updates and support”Updates are part of the license. Staying within one minor release of current is a condition of support. Standard support is business hours and ticketed, with release notes and a validation pack for every release. Premium support (a named engineer, 4-hour response, help deploying releases, and an annual examiner-readiness review) is sold separately.
How the closed-loan count is measured
Section titled “How the closed-loan count is measured”The count comes from the platform’s own sealed-loan events. A daily heartbeat reports the count, the version and coarse health, with no loan data, and the exact payload is shown on the Metering screen before it is sent. Air-gapped installs produce a signed quarterly usage report instead. See Metering and licensing.
To get a quote, contact the team through usebookend.com.