Oregon Mortgage Servicer | $50,000 Mortgage Servicer Surety Bond

Also known as: mortgage servicer bond

Type of Bond

An Oregon Mortgage Servicer Bond is a type of surety bond required by the Oregon Division of Financial Regulation in order for a mortgage servicer to operate in the state. The bond is intended to provide protection for borrowers in the event of any unethical or fraudulent activities by the servicer. The bond amount is based upon the total loan balance serviced by the company, and is set at $50,000 plus $250 for every $1 million in loan balances.


Program

The price you'll pay for your $50,000 Mortgage Servicer Bond is generally based on your personal credit score. Start a free online quote by just completing a simple app or by calling 888-518-8011. Our experts will walk you through a very simple process. Compare our quote as the very lowest price, and then you're good to go! It's that simple!

We provide all types of $50,000 Mortgage Servicer Bonds. Worldwide Insurance Specialists, Inc. has "in house" underwriting authority with the largest and best Surety (Insurance) companies in the world including, Great American, Liberty Mutual, Philadelphia, Travelers, and CNA Surety. All of these surety bond companies are A-rated under the AM Best credit rating system, and T-listed with the U.S. Department of Treasury. This guarantees that by getting bonded through us, you will be provided the backing of these highly trustworthy and reliable companies.


Application

The application process for a $50,000 Mortgage Servicer Bonds is easy! Many Bonds are INSTANT ISSUE! Easy Application, no underwriting, no credit check, no GIA required. Our NEW Desktop underwriting program provides you with a rapid approval process used to determine the degree of risk that you (the Principle) complete a project or obligation. Non-INSTANT ISSUE quotes can also get instantly approved. Submissions require very little information from you. Once you file and sign an indemnity agreement, we issue the Bond. It's that simple! We quote and issue Surety Bonds of every type and will help you through the entire process. These applications only require basic information about your business, bond type, and ownership structure. Once the application is complete, we submit to the insurance company (Surety) who will then issue your bond. Don't pay too much! Get your Bond Fast, and Easy with the best price! Click here to start the Mortgage Servicer Bond Application process.

The Oregon Mortgage Servicer Bond amount is currently set at  $50,000.

Obligee Information

An obligee is the entity that is requiring you to have the Mortgage Servicer bond.

Obligee: Oregon Division of Financial Regulation
Street: P.O. Box 14480
State: Oregon
Zip: 97309-0405