Mortgage broker E&O for the residential loans you broker.

Mortgage brokers sit between the borrower and the lender, and the professional-liability exposure lives in that middle — the file you assemble, the deadlines you manage, the advice you give, and the loan you place. When something in that process goes wrong and a borrower says it cost them the deal, the claim lands on the brokerage.

The severity isn’t abstract. A borrower who loses a home — and their earnest money — because a file reached the lender late will sue for the whole loss. So will a borrower whose loan is delayed or denied after an application error, or one who says the brokerage’s advice steered them into the wrong loan. A single professional-negligence claim can run six figures in defense costs alone before anyone discusses indemnity.

PBI Group writes mortgage broker coverage as real estate professional-services E&O — the negligent errors and omissions in brokering a residential loan — and pairs it with a cyber policy for the wire-fraud and data-breach exposure that comes with the borrower PII you handle. Knowing where the line sits matters too: the coverage is built around your brokering work, not mortgage-banking or lending activity, loans you fund yourself, rate or funds-availability guarantees, or regulatory-compliance matters. Right Coverage at the Right Price means we underwrite how you actually do business, not just what business you’re in.