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Ohio Mortgage Servicer bond

Ohio Mortgage Servicer

Ohio requires a $25,000 mortgage servicer bond.

Ohio Mortgage Servicer bond, answered

How much is a mortgage servicer bond in Ohio?
Ohio requires a $25,000 mortgage servicer bond.
Who needs a Ohio mortgage servicer bond?
Licensed mortgage servicers in states that require an ESB at licensing or renewal. Bond amount typically scales with portfolio UPB.
Who regulates mortgage servicer bonds in Ohio?
Ohio Division of Financial Institutions oversees mortgage requirements in Ohio, including the bond filing.
How do renewals work?
Renews annually alongside the underlying license.
How do I get bonded?
Send NMLS ID and serviced UPB by state Carrier returns a per-state quote with tiered pricing ESB signed in NMLS by the surety

What you will need

  • NMLS Unique Identifier
  • Serviced UPB by state
  • Company financials and owner credit

How to get bonded

  1. Send NMLS ID and serviced UPB by state
  2. Carrier returns a per-state quote with tiered pricing
  3. ESB signed in NMLS by the surety

Regulator: Ohio Division of Financial Institutions

Bond placement runs on Cornerstone Surety

Get your Ohio mortgage servicer bond quoted by the Cornerstone Surety team.

Quote at Cornerstone Surety

Or call us: 770-587-4595