North Carolina Mortgage Servicer Bond

Bond Details

North Carolina Mortgage Servicer Bond – $150,000 bond – $900 per year

Overview

A North Carolina mortgage servicer bond is required of individuals or business entities that receive payments from a borrower under the terms of a home loan. The North Carolina Office of the Commissioner of Banks requires mortgage servicers to be bonded as a condition of their licensure. A $150,000 mortgage servicer bond for a one-year term can be purchased for $900.