North Carolina Mortgage Servicer Licensing
A mortgage servicer is the person or business that receives
payments from a borrower under the terms of any home loan.
Effective July 31, 2009, the “North Carolina Secure and Fair Enforcement (S.A.F.E.) Mortgage Licensing Act” as codified in NCGS Chapter 53,
Article 19B, and also referred to as the NC SAFE Act, requires that any entity engaged in the business of making
or brokering residential mortgage loans secured by North Carolina real estate be
licensed by the NC Commissioner of Banks,
unless an exemption applies, pursuant to
NCGS § 53-244.040(d).
Approved licenses may be viewed by visiting
Overview, Forms & Fees
Mortgage servicers shall submit an application through the NMLS website.
. An appropriate surety bond (see below) must also be included and a
qualifying individual must be designated in the application.
Please see Forms and Fees for additional
information. All fees are posted on the
The qualifying individual must have at least three (3) years of
residential mortgage servicing experience. The qualifying individual is
primarily responsible for the operations of the licensee.
A licensee is required to have a surety bond as detailed in
N.C.G.S. § 53.244.103(b)(2). The minimum bond amount is $150,000
for a servicer. Please see
Forms and Fees for additional information.
See Instructions for Ceasing Business in North Carolina.
Who To Contact
Please see our Contact Us page for contact information.