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West Virginia bonds

West Virginia — Mortgage Lender / Loan Originator - NMLS Bond

Match this West Virginia mortgage lender/loan originator bond offering to the applicant named in your request. The lender business and an individual originator can have different licensing and bonding responsibilities.

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Recorded state
West Virginia
Bond type
Mortgage Lender / Banker Bond
Category
Financial services

What this bond does

Provide the security requested for the lender/originator arrangement, using the commissioner's prescribed form.

Who needs it
Applicants whose West Virginia request corresponds to this lender/loan originator offering.
Who it protects
Section 31-17A-13 provides for security in favor of the state for consumer benefit and specified commissioner claims.

Your bond option

This is the option on record for this bond.

The bond amount describes the limit of the bond obligation, not the price. A listed amount does not establish what the requesting party requires. The premium is what you pay and must be confirmed for the actual option. An E&O limit, where listed, is separate errors and omissions insurance.

Identify whose obligation is being secured

West Virginia permits an employer's bond to substitute for an individual originator's bond in specified employee or exclusive-agent circumstances. That rule does not make every lender bond cover every originator.

Confirm the named principal, employment relationship and required form from your instructions. Keep the amount and filing method tied to that exact request.

Sources

Have these ready

  1. Named principal and company or individual NMLS identifiers.
  2. Employment or exclusive-agent details relevant to the request.
  3. Commissioner's form, required sum and effective date.

Questions about this bond

Does the slash mean one combined license?

It is the offering's label. Use the actual license and bond instructions to identify the applicant and covered activities.

How do I apply?

Purchase Now opens Propeller in a new tab. Confirm the requested principal and form during the application; issuance and delivery follow separately.

Is every originator covered by a lender's bond?

No blanket coverage follows from this title. The statute allows substitution in specified circumstances; match the actual relationship and prescribed form.

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