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New Jersey Residential Mortgage Lender, Broker or Correspondent

New Jersey Residential Mortgage Lender, Broker or Correspondent

www.suretybondsdirect.com/surety-bond/mortgage-broker-lender-or-other-industry-bond/nj

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Who Requires the Residential Mortgage Lender, Broker or Correspondent and Why Is It Needed?

The New Jersey Residential Mortgage Lending Act requires that mortgage brokers, lenders and correspondent lenders furnish $150,000 surety bonds as a condition of licensure in the state.

The 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.

How Much Will My Surety Bond Cost?

Take 2 minutes to provide the basic information required to get the best rates for your New Jersey Residential Mortgage Lender, Broker or Correspondent. 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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Surety Bonds Direct, LLC, Bonds Surety & Fidelity, Charleston, SC
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