TN mortgage loan servicer bonds.
$1,200 flat.
Tennessee licenses mortgage loan servicers under the Residential Lending, Brokerage and Servicing Act, and unlike brokers and lenders the servicer bond does not move with volume — T.C.A. 45-13-204 fixes it at $200,000, filed with the Commissioner of the Department of Financial Institutions. Ours is $1,200 flat, the price you see is the checkout price, and 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 servicer bond is a single statutory amount, so there is nothing to negotiate. Here is the entire process:
Apply online
Business details, owner information, a short set of history questions, an effective date, and a term. Any credit screen is a soft pull that never shows as a hard inquiry.
Pay & e-sign
This bond is checkout-priced at $1,200 flat, so it issues the moment you pay — your executed bond and power of attorney generate on the spot.
File through NMLS
Your executed bond arrives by email, ready to upload with your NMLS mortgage loan servicer filing at the Department of Financial Institutions. Wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
Tennessee licenses mortgage loan servicers through the Department of Financial Institutions under Title 45, Chapter 13. T.C.A. 45-13-204 sets the servicer bond apart from the broker and lender bonds: the penal sum is a flat $200,000, and Rule 0180-17-.08 confirms that a licensee that is solely a loan servicer maintains $200,000 as a condition of renewal — no origination-volume tiers.
The bond runs in favor of the State for the benefit of any person injured by the wrongful act, default, fraud, or misrepresentation of the licensee. Servicing is where escrow, payoffs, and payment application go wrong, so the bond stands behind your handling of Tennessee borrowers’ money.
It is not insurance for you — if the surety pays a claim, you repay the surety. The bond must be maintained for not less than 24 months after the license expires, is revoked, is suspended, or is surrendered; 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, owner information, a short history section, an effective date, and a term.
Start the application →Common questions.
Other Tennessee bonds.
Servicer license bond, issued today.
$1,200 flat, issued the moment you pay, soft pull only. Free until issued.