The Hawaii Mortgage Servicer Surety Bond is required by the State of Hawaii Department of Commerce and Consumer Affairs, Division of Financial Institutions.
Under Chapter 454M of the Hawaii Revised Statutes and Act 062, 2015 Session Laws of Hawaii, this bond ensures that all licensed mortgage servicers fully and faithfully comply with all codes and regulations. The Hawaii Mortgage Servicer Surety Bond protects the public from any damages caused by the wrongdoings or noncompliance of the Mortgage Servicer.
The Hawaii Mortgage Servicer Surety Bond must be in the amount of $100,000.
Bond Valid: Continuous – Renewable
Due to its continuous nature, the Hawaii Mortgage Servicer Surety Bond remains in full force and effect until cancelled. If the bond is cancelled, the obligee must be notified of the cancellation at least 30 days before the cancellation date.
Licensing Fees and Requirements:
Surety Bond: The name of the principal insured on the bond must match exactly the full legal name of applicant, including all Hawaii approved Other Trade Names.
How do I get a Hawaii Mortgage Servicer Surety Bond?
The process is easy. All you need to do is complete this easy to navigate, online application form and wait for one of our surety experts to call you with a quote. Simply make the payment and your surety bond will be sent to you via USPS Priority Mail or overnight delivery.
How to Get Your Hawaii Mortgage Servicer Surety Bond
1. Complete an online application. It's free and no-obligation.2. One of our surety experts will contact you with a firm quote and an agreement to sign.3. Provide payment and your signed agreement, and then you will receive your Hawaii Mortgage Servicer Surety Bond!If you have any questions, please call us at 877-654-2327.
HOW TO GET BONDED
1. Apply OnlineUsing our Free & Secure Application2. Get Your Free QuoteApplications are No-Obligation3. Get Your BondMost Bonds are Approved in 1-2 Business Days