Alabama Mortgage Broker Bond
Alabama Mortgage Broker Bond Information
In order to comply with the State of Alabama Consumer Credit Act, Mortgage Brokers Licensing Act, all companies and sole proprietors engaged as mortgage brokers and lenders in the state must post a surety bond. The bond amounts required is set by the state based on loan volume tiers. Please confirm your required bond amount with the state prior to requesting a quote from Surety Bonds Direct.