An OMBA Third Party Processing and/or Underwriting Company is a businesses that offers underwriting services or administrative and clerical support for mortgage loan processing, and will need to apply for a license and obtain a surety bond. Applicants applying for a license must complete an application through the National Mortgage Licensing System (NMLS).
The premium for an Ohio Third Party Processing and/ or Underwriting Company Surety Bond is based on credit.
Each branch supervisor must be provided to the state. Failure to report the branch location supervisors will result in a reprimand.
Check out our FAQ page or What’s a Surety Bond? page. Should you need or choose to buy a surety bond, buy from us. SuretyGroup.com has been underwriting surety bonds throughout the U.S. for more than 35 years. When you work with us, you enjoy the unique benefit of dealing with a team of highly experienced surety agents with in-house underwriting authority. This allows you to receive competitive, low rates, quick approvals, and immediate bond delivery. In most cases, your bond will be delivered within 24 hours after you apply for it.
For a downloadable application