Alabama Mortgage Broker Bond

Bond Details

Alabama Mortgage Broker Bond – $25,000 bond – $100 per year

Overview

Mortgage brokers in Alabama are required to post a $25,000 to $75,000 surety bond as a condition of licensure. The NNA has secured premiums of $6 per $1,000 in liability for all Alabama mortgage brokers to obtain this bond without a credit check. This bond meets the licensing requirements for Alabama mortgage brokers and lasts for one year.