South Carolina Mortgage Servicer bond
South Carolina Mortgage Servicer
South Carolina requires a $10,000 mortgage servicer bond.
South Carolina Mortgage Servicer bond, answered
- How much is a mortgage servicer bond in South Carolina?
- South Carolina requires a $10,000 mortgage servicer bond.
- Who needs a South Carolina 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 South Carolina?
- South Carolina Board of Financial Institutions oversees mortgage requirements in South Carolina, 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
- Send NMLS ID and serviced UPB by state
- Carrier returns a per-state quote with tiered pricing
- ESB signed in NMLS by the surety
Regulator: South Carolina Board of Financial Institutions
Bond placement runs on Cornerstone Surety
Get your South Carolina mortgage servicer bond quoted by the Cornerstone Surety team.
Quote at Cornerstone SuretyOr call us: 770-587-4595