North Carolina Mortgage Broker Bond

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Bond Penalty: $75,000, $125,000, $250,000 or $500,000 set by origination volume

Are you a mortgage broker operating in North Carolina? Secure your license and protect your business with a compliant North Carolina Mortgage Broker Bond from Surety One, Inc., the undisputed industry expert in surety bonds.

North Carolina law requires all mortgage brokers to secure and maintain a surety bond as part of the licensing process (N.C.G.S. §53-244.103 - Surety bond requirements). This bond serves as financial assurance for broker clients, for lenders, and ensures compliance with state laws and administrative codes.

The required bond amount is determined by your annual loan volume:

  • $75,000 bond – For brokers with annual loan volume up to $10,000,000
  • $125,000 bond – For brokers with annual loan volume between $10,000,001 and $50,000,000
  • $250,000 bond – For brokers with annual loan volume between $50,000,001 and $250,000,000
  • $500,000 bond – For brokers with annual loan volume exceeding $250,000,000

Unlike general insurance agencies that treat surety bonds as an afterthought, Surety One, Inc. specializes exclusively on surety bond products. Our focused expertise brings a deeper understanding of North Carolina mortgage regulations, strong relationships with top-rated surety companies, flexible underwriting for challenging situations and one-on-one personalized guidance throughout the bonding process.

North Carolina surety bond leader, Surety One, Inc. is a specialist in the bonding needs of finance brokers, loan originators and loan servicers, including student loan servicers. We offer both the surety bonds and fidelity bonds needed by credit service professionals in all fifty states, Puerto Rico and the U.S. Virgin Islands. Questions about this surety bond? Call us at (800) 373-2804, email us at Underwriting@SuretyOne.com or click here for live chat. A North Carolina mortgage broker bond is quick, easy and delivered in hours.

Surety bond application review and quoting are free of charge. There is no obligation to purchase.

What We Need From You

Additional Attachments

  • Current Business Financial Statement (if bond $125,000 or $250,000)