A Good Funds Settlement Agent Surety Bond is required of Settlement Agents that are currently licensed as North Carolina Mortgage Lenders.  The Good Funds Settlement Act provides that a settlement agent may disburse settlement proceeds in a residential mortgage loan transaction from the agent’s trust or escrow account in reliance on a check deposited to such accounts issued by a Mortgage Lender licensed with the Commissioner.  The licensee must also post and maintain a Good Funds Settlement Agent Surety Bond in a minimum amount of $300,000.00

Get started now!  Follow the link below to apply for your North Carolina Good Funds Settlement Agent Surety Bond and let our expert staff get the bond you need at the lowest possible price!  

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