Skip to content

South Dakota Mortgage Servicer bond

South Dakota Mortgage Servicer

South Dakota requires a $10,000 mortgage servicer bond.

South Dakota Mortgage Servicer bond, answered

How much is a mortgage servicer bond in South Dakota?
South Dakota requires a $10,000 mortgage servicer bond.
Who needs a South Dakota 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 Dakota?
South Dakota Division of Banking oversees mortgage requirements in South Dakota, 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: South Dakota Division of Banking

Bond placement runs on Cornerstone Surety

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

Quote at Cornerstone Surety

Or call us: 770-587-4595