Mississippi Mortgage Broker, Lender or Other Industry Bond
What is a Mississippi Mortgage Broker, Lender or Other Industry Bond?
Mortgage Industry Bonds (including Mortgage Broker Bonds, Loan Originator Bonds, Lender Bonds, Servicer Bonds or Loan Broker Bonds) are surety bonds required as part of the licensing process for mortgage professionals and companies.
The surety bond guarantees that the bonded party 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.