What is consumption-based LOS pricing?
Consumption-based LOS pricing means lenders pay only on funded loan volume, with no per-seat fees or upfront minimums — making AI loan origination software accessible to community banks at any scale.
What is consumption-based LOS pricing?
Consumption-based LOS pricing is a financial model for loan origination software where the cost to the lender is tied directly to their origination activity — specifically funded loan volume — rather than fixed platform fees or per-user "seat" licenses.
In the traditional LOS model, vendors charge significant upfront implementation fees followed by monthly or annual recurring costs that must be paid regardless of whether the bank is processing ten loans or ten thousand. This creates a high barrier to entry and financial risk for community banks during periods of low deal flow.
The SecureLend pricing model
SecureLend's AI-native loan origination system is built on a pure consumption-based model:
- $0 upfront platform fees on the Starter plan.
- Pay on funded volume only — billed as a basis-point (bps) fee on the total loan amount at the time of funding.
- No per-seat fees — invite your entire underwriting and compliance team without increasing your bill.
- No upfront minimums — making institutional-grade AI accessible to community banks and regional lenders.
Why it matters for the AI age
Traditional software is static; you pay for the presence of the tool. AI infrastructure is active; you pay for the work the agents perform. By aligning pricing with funded volume, SecureLend ensures that the cost of technology is always a fraction of the revenue it helps generate.
Related
Implementation Guide
Ready to see how What is consumption-based LOS pricing? works in production? Explore our product documentation or start a controlled pilot.