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  1. inquiringmind
    inquiringmind is offline Junior Member
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    Individual or Company/Umbrella Bonds

    Do states require each individual mortgage broker to get his/her own bond, or can a company/entity get a single broker bond for everyone working in that company?
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  2. Admin
    Admin is offline Administrator
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    It depends on the state. Is there a particular state you are looking to get licensed in?
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  3. inquiringmind
    inquiringmind is offline Junior Member
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    Individual or Company/Umbrella Bonds

    Thanks for the quick reply. I am looking at multiple states. Is there an approach that is more common? Is there a list or compiled info for which state requires which type of bond so I can get a general overview?
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  4. Admin
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    I believe Bryant Surety's website is your best bet. They have a pretty detailed analysis of state requirements for mortgage brokers.

    See: Mortgage Broker Licensing & Bonding Guidelines | Bryant Surety Bonds
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