Anyone operating as a mortgage broker in the state of New Hampshire must be licensed with the NH Banking Department (Consumer Credit Division). Part of the licensing process includes submitting a $50,000 surety bond via the Nationwide Mortgage Licensing System (NMLS). NMLS requires the executed bond to be uploaded to their site and the original copy mailed to the NH Banking Department. Copies of the bond will not be accepted. Specific information on definitions, licensing requirements and exemptions can be found in Chapter RSA 397-A.
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.