Kentucky Mortgage Loan Broker or Originator Bond
Kentucky Mortgage Loan Broker or Originator Bond Information
The Kentucky Department of Financial Institutions requires a $50,000 Mortgage Loan Broker Bond and/or a $15,000 Individual Mortgage Loan Originator Bond. The bonds guarantee that the bonded principal will comply with the rules, regulations and guidelines established by the state. Typically, mortgage professionals will be required to apply for surety bonds in each state in which they operate and mortgage bond amounts and obligations vary by state. As a leading mortgage bond provider, Surety Bonds Direct is here to help you through this process.
How Much Does a Mortgage Loan Broker or Originator Bond Cost in Kentucky?
Bonds up to $250,000