Louisiana Mortgage Lender or Broker Bond
Louisiana Mortgage Broker or Lender Bond Information
The Residential Mortgage Lender Surety Bond is written for the benefit of the State of Louisiana Office of Financial Institutions to indemnify those suffering damages or loss because of the residential mortgage lender’s breach of conduct, or legal violation of the terms and conditions provided by LSA-R.S. 6:1088(G)(2) of the Louisiana Secure and Fair Enforcement of Mortgage Licensing Act of 2009.
How Much Does a Mortgage Lender Bond Cost in Louisiana?