Mortgage Lender Bonds

Mortgage Lender Bonds guarantee that a licensee (mortgage lender or mortgage banker) will comply with the pertinent rules and regulations of the state where they operate. While some states require the same bond form and amount for both a mortgage broker and a mortgage lender, most states mandate that mortgage lenders must obtain a larger bond.

Also referred to as Mortgage Banker Bonds.

Ready to get bonded? Apply for a Mortgage Lender Bond in no time at all. Instant online approvals are available!

Current Market for Mortgage Lender Bonds:

In light of the national economic downturn of the past couple of years, more specifically, the recent lending crisis, most bonding companies are applying a significant amount of scrutiny or simply shying away from writing bonds for mortgage lenders. A number of bonding companies have actually just stopped writing such bonds altogether because of the high level of risk associated with them. Therefore, rates for mortgage lender bonds, and others affected by the lending crisis, naturally will go up. With that said, there are some bonding companies willing to offer excellent rates to qualified applicants, and Lance Surety Bond Associates can help you find them through our industry connections.

Our Specialty Programs:

Mortgage Lender Bonds are a fairly high density type of surety bond, as there are many lenders in search of the right surety bond to fit their needs. We have programs available for a wide range of clients modified to their specific level of risk, and are confident that we can help just about any mortgage lender get bonded.