Surety1 was Founded in 2003. Low-Cost Bond Provider. Over 150,000 Happy Customers and Counting!
Apply For Your Bond >
Connecticut Mortgage Broker Bond
Bond Requirements and Online Application
The Connecticut Mortgage Broker Bond is required by the Connecticut Commissioner of Banking.
The Connecticut Mortgage Broker Bond ensures the principle will abide by all Connecticut state laws and regulations along with the provisions of Section 36a-485 to 36a-498f (inclusive), 36a-534a and 36a-534b of the Connecticut General Statutes.
The amount of a Connecticut Mortgage Broker Bond is between $50,000 and $150,000 depending on the loan volume of the applicant. The required bond amount for first time applicants is $50,000.
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.
Bond Valid: Continuous – Renewable
Since this bond is continuous, it remains in full force and effect until cancelled. If the bond is cancelled, the obligee must be notified of the cancellation at least 30 days before the cancellation date.
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 Connecticut Mortgage Broker Bond!If you have any questions, please call us at 877-654-2327.
HOW TO GET BONDED
1. Apply OnlineUsing our Free & Secure Application2. Get Your Free QuoteApplications are No-Obligation3. Get Your BondMost Bonds are Approved in 1-2 Business Days