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  1. Join Date
    Oct 2006
    Posts
    59

    Mortgage Broker Bond

    What kind of financial info is required for a mortgage broker bond?. And what financial qualifications do I need ?

  2. Join Date
    Jan 2005
    Posts
    755

    The financial information varies, depending on which program you fall under. We have programs that can be done on a credit report, while others will require personal financials, business financials or resume, and a credit report. We have no set qualifications, as we have programs available for low to high risk applicants.

    However, the state you are obtaining a license in may have financial qualifications. Make sure you meet the state qualifications prior to obtaining your bond, as it is a standard of our industry not to return premium on the first year's premium.

    You can obtain a free quote for a mortgage broker bond online at any time.

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