Connecticut General Statutes § 36a-719c sets the surety bond ($100,000 per office location), fidelity bond, and errors-and-omissions coverage for mortgage servicing. Persons exempt from mortgage servicer licensing — including mortgage lender licensees servicing their own Connecticut loans — must maintain the same coverage, and cease to be exempt upon its cancellation. The Department of Banking takes the lender's servicer coverage as an addendum filing through NMLS. Confirm your filing requirements with the Department before servicing.

What the addendum actually does

You need this bond if you're

Checkout-priced bonds like this issue the moment you pay. Your e-signed servicer addendum will arrive by email, and the electronic filing goes to NMLS against your lender license.

CT Mortgage Servicer Addendum: $600 for the $100,000 servicer coverage a mortgage lender licensee maintains under CGS 36a-719c, via NMLS. Issued instantly.

Mortgage Servicer Addendum for Mortgage Lenders ($100,000)

Connecticut - Mortgage Servicer Addendum for Mortgage Lenders

Final premium can vary based on underwriting factors

How this works?

If you are a non profit select Corporation

All future bond correspondence and renewals will be sent to this address

Clear pricing.Instant issuance.