877-654-2327 All New Surety Bonds

877-930-8127 - Renewals Department
Surety1 was Founded in 2003.  Low-Cost Bond Provider.  Over 150,000 Happy Customers and Counting!   Apply For Your Bond >

Kentucky Mortgage Loan Originators Bond

Bond Requirements and Online Application

The Kentucky Mortgage Loan Originators Bond is required by the Commonwealth of Kentucky, Department of Financial Institutions. It states that the bondholder will fully comply with the provisions of the Kentucky Revised Statues (KRS) Chapter 286.8; all regulations and orders. The required bond amount is $20,000. 

Surety1 has access to the best surety markets. We will get you bonded quickly and at a competitive price.

Who is required to have a Kentucky Mortgage Loan Originators Bond?

Any individual who discusses or negotiates the rates, terms, and conditions of a loan with a borrower or prospective borrower must have a Mortgage Loan Originators Bond as part of the licensing requirements to become a Kentucky Loan Originator. 

How do I apply for a Mortgage Originator’s License? Kentucky Mortgage Loan Originators Bond

All applications are done through the Nationwide Multistate Licensing System and Registry (NMLS). Before submitting an application, at least 20 hours of pre-licensure education courses must be completed. Passing results must also be satisfied.  After that the following requirements need to be met:

  1. Payment for all the fees including NMLS processing fee ($30), License Registration fee ($50), Credit report ($15), FBI Criminal Background Check ($36.25)
  2. Submission of completed application form
  3. Authorize a Criminal background check
  4. Authorize a Credit report
  5. Provide an explanation to the disclosure questions
  6. Provide a sponsorship request by your employee.

Where can I get a Kentucky Mortgage Loan Originators Surety Bond?

Surety1 can get you a free, no obligation quote FAST. Simply complete our easy to navigate, free online application. One of our agents will contact you soon with a firm quote. If you wish to proceed, you would sign some paperwork, make payment and the bond will be mailed out to you. Overnight shipping is available for an additional fee.

You can trust our company as we have been in the business of issuing surety bonds in Kentucky and all 50 states since 2003. We are also rated A+ by the Better Business Bureau for our quality service.

 

 

 

 

How to Get Your Kentucky Mortgage Loan Originators Bond

1. Complete an online application. It's free and no-obligation. 2. One of our surety experts will contact you with a firm quote and an agreement to sign. 3. Provide payment and your signed agreement, and then you will receive your Kentucky Mortgage Loan Originators Bond!   If you have any questions, please call us at 877-654-2327.
HOW TO GET BONDED
1. Apply Online Using our Free & Secure Application 2. Get Your Free Quote Applications are No-Obligation 3. Get Your Bond Most Bonds are Approved in 1-2 Business Days

Surety

Secure

Online