Briggs AnalyticsShutting down a mortgage or lending company? Get paid for the records before the servers go dark.
In this article
What is worth the mostExport this firstWhy the timing mattersThe shut-down checklistWhat never goes inWhich buyers fitBand is the shut-down specialists' published offer range, October 2026, sources on file. Not an offer. Any size qualifies.
What is worth the most when a mortgage or lending company closes
Lending records are decisions with outcomes: every file ended funded, withdrawn or declined, and the conditions log shows why. Borrower identity is removed; the decision trail is the asset. Mortgage sits at the top of the published industry bands for that reason.
A still-running 25-person mortgage or lending company with five years of records sits around $55,000 to $140,000 on the published figures. A shut-down is priced differently: the specialists buy the whole record at once, with less diligence and a faster close, inside their published band.
Export this first
The loan origination system export with its conditions log, then the pipeline from the CRM. A funded or declined decision with the conditions behind it is the record buyers pay the most for.
| System | What the buyer sees in it |
|---|---|
| Encompass or another loan origination system | every loan file from application through underwriting conditions to funding or denial |
| Salesforce or a mortgage CRM | lead to application conversion and the follow-up cadence |
| Outlook and SharePoint | the condition back-and-forth with borrowers, processors and underwriters |
| QuickBooks or NetSuite | commissions, warehouse lines and the month-end close |
How each system is exported, and what is removed.
Why the timing matters
LOS licenses are expensive and usually the first thing cancelled. Once the license ends, exports are often read-only for a short window and then gone. Check the retention schedule before you cancel anything.
The shut-down checklist
- Do not cancel anything yet. Subscriptions purge data on a schedule, usually 30 to 90 days after the card stops. Freeze cancellations until the export is done.
- List the systems. Every tool that recorded work, with how many years of history each holds and who has admin access. Ten minutes with whoever ran operations.
- Check the rights. Did every contractor sign over their work? Do any customer contracts forbid secondary use? Yes-or-no answers, and the buyer will ask.
- Take the two-minute check. It gives you the published range for a company like yours and tells us which buyer types fit a shut-down.
- Get the introduction. Same day. The buyer scopes what it wants, in categories you approve.
- Approve the scrub. Customer names, personal information and anything under a restrictive contract are removed before anyone sees a record.
- Export. The buyer walks your admin through it. Read-only access to approved sources, revoked when the project ends.
- Get paid, then cancel. The fastest buyer pays within seven days of review. Then the subscriptions can go.
See what your company's records could get.
Ten questions, under five minutes, built from the buyers' own published ranges.
Get my estimate →What never goes in
- Borrower names, Social Security numbers, account numbers and every other identifier under GLBA
- Credit reports and anything pulled from a bureau
- Property addresses tied to a borrower
- Anything your investor or warehouse agreements say you cannot share
How scrubbing works, and what every buyer commits to.
Which buyers fit a closing mortgage or lending company
- The shut-down and small-company specialists
- Built for exactly this. Published offers of $10,000 to $300,000, two to four weeks, any size.
- The fastest-paying marketplace
- Seven days from review to payment. Useful when the lease ends before the deal would otherwise close.
- The buyer built for small and mid-size operators
- Takes companies the enterprise buyers skip, and handles the scrubbing and write-ups itself.
Every buyer type side by side.
Other industries
In short
- Shut-down mortgage / lending companies are a category of their own: $10,000 to $300,000 published, two to four weeks, any size.
- Export first: Encompass or another loan origination system. Do not cancel subscriptions until the export is done.
- Customer, borrower, patient and employee identities never leave. Buyers want the process and the outcomes.
- Owners pay nothing. The buyer pays Briggs Analytics only when the company signs.
Questions owners ask.
We are closing in two weeks. Is that enough time?
Usually. The fastest buyer pays within seven days of review, and the shut-down specialists close in two to four weeks. The only hard deadline is the data purge on your subscriptions, which is why step one is to not cancel yet.
Our mortgage / lending business is tiny. Does anyone want it?
Yes. The shut-down specialists publish offers from $10,000 and take companies of any size. The question is years of history and whether the records are in a system, not headcount.
Does this get in the way of winding down properly?
No. The license is a scrubbed copy; the originals stay with you for whatever retention rules apply to your industry. Nothing is deleted from your side and nothing is exported before you approve the categories.
What if a customer contract forbids it?
Then those customers' records come out of scope. It rarely kills the deal; it narrows it. The buyer checks before anything is used.
