CT mortgage servicer bonds.
$600 at checkout.
Connecticut licenses mortgage servicers through the Department of Banking, and CGS § 36a-719c conditions the license on a surety bond of $100,000 per office location — filed electronically through NMLS, alongside a fidelity bond and errors-and-omissions coverage. The premium is 0.6% of the bond amount, $100 minimum — $600 for the $100,000 bond, and the price you see is the checkout price. The bond 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.
The bond side of your servicer 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
Connecticut takes this bond electronically through NMLS — your executed bond files against your license record at the Department of Banking. Wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
Connecticut requires anyone servicing residential mortgage loans — receiving payments, administering escrow, or enforcing loan terms for Connecticut mortgagors — to hold a mortgage servicer license from the Department of Banking. CGS § 36a-719c conditions the license on a surety bond of $100,000 per office location, covering the main office and any branches.
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 commitments, or by the wrongful conversion of funds, can recover against the bond — 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. The statute also requires a fidelity bond and evidence of errors-and-omissions coverage alongside the surety bond; cancellation of any of them suspends the license, 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.
Finish your mortgage servicer license today.
$600 for the $100,000 bond, issued the moment you pay, soft pull only. Free until issued.