Mortgage Broker Bond
The Mortgage Broker Bond is a license and permit surety bond required by government entities to receive a license within that jurisdiction for lending money, primarily for mortgages. It is also known as a finance lender surety bond. The bond provides security that the mortgage broker will operate according to the applicable laws. This license and permit bond helps protect the public against anyone operating outside the established laws and regulations governing mortgage brokers in that state.
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The Mortgage Broker Bond is offered in the following states:
$15,000.00 Arizona Mortgage Broker Bond
$25,000.00 California Mortgage Broker Bond