1 (844) 589-9732 info@ameriprosuretybonds.com

South Carolina Mortgage Broker Bond

Offered to you as an “instant issue” surety bond with no credit inquiry, the $25,000 South Carolina mortgage broker bond will cost you just $188 annually. Please call our agency today at 844-589-9732.

South Carolina Mortgage Broker Bond |

AmeriPro Surety Bonds | 844-589-9732

 

 

 

Mortgage Brokers – South Carolina

 

 

 

Mortgage broker in South Carolina are regulated by the South Carolina Department of Consumers Affairs.

The Department is the obligee, that is, the entity which requires you to obtain the surety bond.

NMLS, the Nationwide Mutltistate Licensing System is where you will process both your licensing and file your surety bond.

Obtaining your surety bond from our agency will likely be the easiest step in the entire licensing process; and once you’ve purchased the SC mortgage broker bond, our agency can electronically file it on your behalf through NMLS.

 

 

 

Amount of Surety – Qualifying – And the Premium

 

 

 

The South Carolina mortgage broker bond is a $25,000 surety bond as required of applicants and as found on NMLS instructions.

Qualifying couldn’t be easier because after completion of a standard surety bond application, and payment of the premium — $188 for a year — this bond is issued to you immediately.  What this means for yous is that with this mortgage broker bond, there is neither the standard underwriting review of your application nor the credit inquiry as is common with many surety bonds.

This bond, therefore, is issued to you instantly upon receipt of the premium. As stated above, our agency will also electronically file the bond on your behalf through NMLS or you may do so on your own.

 

 

 

Additional Premium Prepayment Options

 

 

 

At $188, the South Carolina mortgage broker bond is active for a standard term of one year from the date of issuance. Thereafter, of course, you will need to renew your surety bond.

Our agency also offers you the ability to prepay this surety bond for 2 or 3 years. Prepayment offers you a savings over year to year renewal of your surety bond premium.

The breakdown for premium prepayment is as follows:

  • If prepaid for 2 years the premium is $338, a savings of $38;
  • If prepaid for 3 years the premium is $489, a savings of $75.

 

 

Its Purpose

 

 

 

This mortgage broker surety  bond is a financial guarantee of your compliance with the Licensing of Mortgage Brokers Act, S.C. Code § 40-58-10 as also any amendments or additions to the law.

 

 

 

About Us

 

 

 

AmeriPro Surety Bonds is a surety bonds-only agency. We provide license and permit surety bonds throughout South Carolina.

We also provide surety bonds nationwide.

Please contact our agency today at:

 

 

844-589-9732

 

 

Or, you may fill out the form below and an agent will contact you…

 

Apply Today!

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AmeriPro Surety Bonds

Our focus is exclusively surety bonds. We have two areas of concentration: YOU, our customer; and providing you with the surety bond that you need. Whether the bond is an "instant issue"; is for a contractor; a court bond; or one for a client with lower credit scores, AmeriPro Surety Bonds dedicates itself to providing our customers with a seamless, professional, and quick surety bond experience.

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Office: 1 (844) 589-9732

Email: info@ameriprosuretybonds.com

Hours of Operation:

Monday – Friday 6 am to 5 pm (PST)