CT mortgage servicer addendum bonds.
$600 at checkout.
A Connecticut mortgage lender licensee that also services residential mortgage loans can stay exempt from separate mortgage servicer licensing — but only while it maintains the servicer surety-bond coverage of CGS § 36a-719c, written at $100,000 per office location and filed as the servicer addendum through NMLS. The premium is 0.6% of the bond amount, $100 minimum — $600 for the $100,000 coverage, and the price you see is the checkout price. It issues the moment you pay; any credit screen is a soft pull only — it never affects your score.
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Three steps. One sitting.
Adding servicer coverage to your lender license is the easy part. Here's the entire process:
Apply online
Business details, an effective date, and a term. That is the entire application — any credit screen is a soft pull that never shows as a hard inquiry.
Pay & e-sign
This bond is checkout-priced — $600, so it issues the moment you pay — your executed bond and power of attorney generate on the spot.
File through NMLS
The executed servicer addendum files electronically through NMLS against your mortgage lender license record at the Department of Banking. Wet-ink original mailed on request.
What it is and who needs it.
What the addendum actually does
Connecticut regulates residential mortgage servicing under CGS § 36a-715 et seq. A licensed mortgage lender that services the loans it holds does not need a second, standalone servicer license — but the exemption is conditional: the lender must maintain the same surety bond, fidelity bond, and errors-and-omissions coverage that CGS § 36a-719c requires of licensed servicers, at $100,000 per office location. This filing is the surety-bond piece, made as the servicer addendum through NMLS.
It's a three-party arrangement: you (the principal), the surety carrier, and the State of Connecticut (the obligee). Any mortgagor damaged by a failure to perform written agreements or by the wrongful conversion of funds in your servicing operation can recover against the coverage — and the Banking Commissioner can proceed on it for civil penalties, restitution, and examination costs.
It is not insurance for you — if the surety pays a claim, you repay the surety. Under CGS § 36a-719c, cancellation of the coverage ends the licensing exemption — a lender whose servicer bond lapses must stop servicing or license separately — so we track the term and send renewal notices 60 and 30 days out.
You need this bond if you're
One application, issued instantly.
These are the actual issuing fields — business details, an effective date, and a soft-pull credit consent that never affects your score.
Start the application →Common questions.
Other Connecticut bonds.
Add servicer coverage to your lender license today.
$600 for the $100,000 coverage, issued the moment you pay, soft pull only. Free until issued.