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North Carolina Mortgage Broker Bond

North Carolina requires mortgage brokers to obtain a surety bond as part of their licensing process through the North Carolina Commissioner of Banks. The bond serves as a financial safeguard for consumers who use the services of the mortgage broker. The bond amount is determined based on the broker's loan volume and financial stability, with required liability amounts ranging from $75,000 to $250,000. The NNA has secured premiums of $6 per $1,000 in liability for all North Carolina mortgage brokers to obtain this bond without a credit check. Mortgage brokers are required to maintain a valid and active bond throughout their licensing period.

No credit check or financials needed up to $1M in aggregate bonds. Your bond premium (your cost) is $6 per $1,000 of the bond amount.

The Simple Bonding Process

Request a free quote or view your price
Take the first step by requesting a free quote or viewing the price to discover unbeatable value.
Sign your contract and pay the premium.
Buy right now or easily get a quote for your surety bond.
Receive your surety or fidelity bond.
It's just that easy!
Have Questions? Call or Contact Us for a Quick Quote