AL Mortgage Broker Bond
An Alabama Mortgage Broker Bond is required of any company or sole proprietor who directly or indirectly solicits, processes, places, or negotiates mortgage loans for a borrower, or offers to solicit, process, place, or negotiate mortgage loans for a borrower of Alabama real estate. The amount of the Alabama Mortgage Broker Bond is determined by State of Alabama, Department of Banking.
For more information about the AL Mortgage Broker Bonds and licensing requirements, please contact the State Banking Department mortgage licensing staff at (334) 242-3452, or visit http://mortgage.nationwidelicensingsystem.org/slr/PublishedStateDocuments/AL-Mtg-Broker-Description.pdf.
NFP Surety can facilitate your Alabama Mortgage Broker Bond with good or bad credit. Please call (480) 947-3555 to speak with our knowledgeable sales team today.