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Mississippi Mortgage Broker Bond

Bond Requirements and Online Application

The Mississippi Mortgage Broker Bond is required by the State of Mississippi Department of Banking & Consumer Finance.

The Mississippi Mortgage Broker Bond ensures that the principal will abide by all Mississippi state laws and regulations.

Mississippi Mortgage Broker Bond

According to Section 81-18-11 of the Mississippi State Code, the required bond amount is $25,000. 

The price for the bond, also known as the bond premium, is only a small fraction of the bond amount. The applicant should verify the bond amount with the obligee before applying for the bond to ensure the bond amount is correct.

Valid: Renewable

Licensing Fees and Requirements:

  • Surety bond
  • Application through NMLS
  • $851 licensing fee
  • Proof of at least 2 year mortgage experience
  • $100 NMLS licensing fee

All licensing fees are required by the obligee, not the surety company.

CLICK HERE for additional licensing information from the State of Mississippi Department of Banking & Consumer Finance.

APPLY for this bond and get a free quote here

 

How to Get Your Mississippi Mortgage Broker 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 Mississippi Mortgage Broker 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

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