This bond is required by the Texas Department of Savings and Mortgage Lending Commissioner of the State of Texas in accordance with Section 158.055 of the Residential Mortgage Loan Servicers Act. This bond is in place to provide financial surety for the discharge by the bondholder of any and all monetary obligations to the Commissioner and/or the Texas Department of Savings and Mortgage Lending and/or any person to whom an obligation of the Principal arises by virtue of any and all acts or omissions arising under or relating to the Act or any regulations, rules, or orders issued. The required bond amount varies and expires every December 31st. To determine the cost of this bond, simply complete our easy online application.
To Acquire a Texas Residential Mortgage Loan Servicer Bond:
- Complete an online application.
- One of our expert commercial surety agents will call and email you with the firm quote and an agreement to sign.
- 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.