Minnesota Residential Mortgage Servicer Bond

This bond is required by the State of Minnesota Department of Commerce under Minnesota Statutes, Section 58.08. The bond ensures that the bond holder will comply with the terms of the Minnesota Statutes, Sections 58.01 to 58.17, and any other legal obligations arising out of the bond holder’s conduct as a residential mortgage servicer. The bond has a minimum amount of $100,000, but other than that, the amount varies. Regardless of the bond amount you need, Surety1 can provide it quickly and at a competitive rate.

To Obtain Minnesota Residential Mortgage Servicer Bond: 

  1. Complete an online application.
  2. One of our expert commercial surety agents will call and email you with the firm quote and an agreement to sign.
  3. Provide payment and your signed agreement, then you will receive your bond!

** all bonds are subject to the underwriting terms and conditions of the issuing company.