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  1. Join Date
    Oct 2006
    Posts
    59

    Mortgage Broker Bonds

    What is the difference between a mortgage broker bond and a mortgage banker bond?

  2. Join Date
    Jan 2005
    Posts
    755

    The bonds guarantee different kinds of business. Therefore, the difference lies within the occupation, not the bond. A mortgage banker lends their funds while a broker is simply the middle man between the bank and the principal of the loan.

    You can apply for either at: Surety Bond Application

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