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Texas Residential Mortgage Loan Servicer Surety Bond


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The Texas Department of Savings and Mortgage Lending is responsible for overseeing registration of Residential Mortgage Loan Servicers through the National Mortgage Licensing System (NMLS). Mortgage servicers must apply for a license and a surety bond prior to obtaining mortgage services.

Surety bonds must be purchased from a surety company that is licensed to do business in Texas. SuretyGroup.com is licensed in all 50 states and fulfills that requirement.

Surety Bond and License Requirements:

  1. Applicants must complete the application through the NMLS website and pay the applicable registration and NMLS processing fees.
  2. Applicants are required to obtain a Texas Residential Mortgage Loan Servicer Surety Bond as a registration requirement. Surety bonds are based on the loan servicing volumes. Loan servicing volumes totaling less than $25,000 must have a $25,000 surety bond; loan servicing volumes over $25,000 are required to have a $50,000 bond. The bond ensures that the mortgage loan servicers will comply with the state regulations.
  3. Applicants will need to complete the disclosure questions in the application. If any questions are answered "yes," an explanation is required for each answer.
  4. If the applicant will be using any trade names or dba names, provide a copy of the Certificate of Assumed Business Name form the county in which the name was filed.

How Much Will a Texas Mortgage Loan Servicer Bond Cost?

The premium that you pay for a Texas Residential Mortgage Loan Servicer Surety Bond is dependent on credit and the bond amount required. Premiums start at .75% of the bond amount with good credit. Contact our Surety Bond Specialists for a free quote that fits your specific situation.

Related Links:

NMLS Texas Residential Mortgage Loan Servicer License
Texas Residential Mortgage Servicer Licensing Information

More Surety Bond Questions?

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