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West Virginia Mortgage Lender bond

West Virginia Mortgage Lender

West Virginia requires a $10,000 mortgage lender bond.

West Virginia Mortgage Lender bond, answered

How much is a mortgage lender bond in West Virginia?
West Virginia requires a $10,000 mortgage lender bond.
Who needs a West Virginia mortgage lender bond?
State-licensed mortgage lenders. Bond amount and renewal cadence are set by each state's regulator and filed via NMLS.
Who regulates mortgage lender bonds in West Virginia?
West Virginia Division of Financial Institutions oversees mortgage requirements in West Virginia, including the bond filing.
How do renewals work?
Renews annually alongside the underlying license.
How do I get bonded?
Submit NMLS ID and target state list Carrier returns a per-state quote with surge brackets ESB signed in NMLS by the surety

What you will need

  • NMLS Unique Identifier
  • Last 12 months of state-by-state funded loan volume
  • Company financials and owner credit

How to get bonded

  1. Submit NMLS ID and target state list
  2. Carrier returns a per-state quote with surge brackets
  3. ESB signed in NMLS by the surety

Regulator: West Virginia Division of Financial Institutions

Bond placement runs on Cornerstone Surety

Get your West Virginia mortgage lender bond quoted by the Cornerstone Surety team.

Quote at Cornerstone Surety

Or call us: 770-587-4595