All companies or sole proprietorships that conduct business as a mortgage lender, mortgage broker or mortgage servicer in Nebraska must have a Mortgage Banker License through the Nebraska Department Of Banking And Finance (NDBF). A requirement for this license is the submitting of a $100,000 Surety Bond through the Nationwide Mortgage Licensing System (NMLS). The bond must be uploaded to the NMLS website and the original copy mailed to the NDBF. This surety bond guarantees that the principal (mortgage lender, broker or servicer) complies with all provisions of the Residential Mortgage Licensing Act
Pacific Surety offers industry low rates and can obtain approvals for almost all credit situations. Once our simple application has been completed, we can have pricing to you within hours. If you have any specific questions, please contact our knowledgeable underwriting staff.