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Mortgage Brokers Insurance - Let us find your best coverage - errors and omissions for mortgage brokers and lenders
Mortgage broker claims come from loan processing errors, missed rate locks and disclosure problems, and carriers look at loan volume, loan types and compliance controls. Send us a few details and we will shop 50+ carriers for your best rate – no cost, no obligation. Prefer to talk? Call 800-616-3490.
Mortgage Brokers Quote Request
Applicant Information:
Have these handy
- Annual loan volume and number of loans
- NMLS number and state licenses
- Quality-control plan
- Five years of loss runs
Related coverage
Coverage details
What Mortgage Brokers coverage includes
Mortgage broker claims come from loan processing errors, missed rate locks and disclosure problems, and carriers look at loan volume, loan types and compliance controls.
- Professional liability - Claims that your advice, work or omission caused a client a financial loss.
- Defense costs - Attorney fees and court costs, even when the claim has no merit.
- Disciplinary proceedings - Defense before a licensing board or regulator.
- Mortgage fraud defense - Defense when a borrower or lender alleges misrepresentation.
- Fidelity bond - Employee theft, often required by investors and agencies.
Good to know: a written quality-control plan and third-party verification of income and appraisals help with both E&O and the fidelity bond.
Not covered: loans you fund with your own money, intentional fraud, and fines or penalties assessed by regulators.
Insurance Application:
Mortgage Brokers
Required forms
Mortgage Brokers Supplemental Application (PDF)
Download, complete and email to info@societiesinsurance.com, or attach it with your quote request.
Contact details
Prefer to talk?
- Toll-Free: 800-616-3490
- East Coast: 706-550-4418
- West Coast: 206-755-0101
- info@societiesinsurance.com
- Mon-Fri 8:00am - 6:00pm, Sat 9:00am - 12:00pm