Mortgage Brokers

what is a mortgage broker bond?

A Mortgage Brokers are real estate financing experts that help people find and negotiate financing terms for their specific mortgage. In addition to being licensed, mortgage brokers must also post a surety bond to ensure compliance with state regulations governing this line of business. These bonds are required by states to protect consumers that are in the process of obtaining mortgages. Our agency has a variety of programs designed to get all types of Mortgage Brokers approved at excellent rates.


Mortgage Broker licensing requirements differ by state. However, the general criteria to become a licensed broker is similar throughout the nation. For most states, prelicensing requirements consist of completing an approved mortgage broker course that covers issues such as state laws and ethical responsibility. Upon completion of the course, brokers will need to submit the state’s license application, along with a licensing fee. Additionally most state’s also require a surety bond to filed with the license.

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