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Nebraska Mortgage Banker Bond

Nebraska Mortgage Banker Bond

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Who Requires the Mortgage Banker Bond and Why Is It Needed?

A Mortgage Banker Bond is a type of surety bond required for those who have applied to the Director of the Nebraska Department of Banking and Finance for a license or registration to transact business as a Mortgage Banker in the state pursuant to the Residential Mortgage Licensing Act, Nebraska Revised Statutes. This surety bond ensures strict compliance with the rules, regulations, and laws established by the State of Nebraska and indemnifies any financial loss or damage suffered by the State of Nebraska or any person who is harmed in dealing with the mortgage banker as a result of violations or illegal actions on the part of the bonded entity. The surety bond is written on the Residential Mortgage Licensing Act Bond Form and the aggregate liability is $100,000.

How Much Will My Surety Bond Cost?

Take 2 minutes to provide the basic information required to get the best rates for your Nebraska Mortgage Banker Bond. The quote request is free and there is no obligation to you. If you prefer, please call 1‐800‐608‐9950 to speak with one of our friendly bond experts. We can help guide you through the bonding process and identify the lowest cost in the market for your situation.

If you are interested in spreading out the cost of your bond over time, we can offer convenient financing plans for many types of surety bonds. More information will be provided with your quote.




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