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New Jersey Mortgage Lender Bond

Bond Requirements and Online Application

The New Jersey Mortgage Lender Bond is required by the New Jersey Commissioner of Banking and Insurance.

New Jersey Mortgage Lender Bond

A New Jersey Mortgage Lender Bond may be used for both Residential Mortgage Lender license applications and Mortgage Broker license applications. The bond ensures that the bond holder will faithfully comply with and abide by the provisions of N.J.S.A. 17:11C-51 and all rules and regulations of the New Jersey Licensed Lenders Act.

The required bond amount is $150,000.

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
  • Net worth of at least $50,000
  • Background check
  • $700 initial application fee

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

CLICK HERE for additional licensing information from the State of New Jersey Department of Banking and Insurance.

APPLY for this bond and get a free quote here.

How to Get Your New Jersey Mortgage Lender 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 New Jersey Mortgage Lender 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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