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Texas Mortgage Loan Servicers Bond Requirement


Texas Residential Mortgage Loan Servicers are required to obtain a bond as a licensing requirement. Loan servicing volumes totaling less than $25,000 must have a $25,000 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.

Applicants must complete the license application through the National Mortgage Licensing System (NMLS) and pay the applicable fees.

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