Connecticut Mortgage Lender Bond

Bond Details

• Connecticut Mortgage Lender Bond – $100,000 bond – $600 per year
• Connecticut Mortgage Lender Bond – $500,000 bond – $3,000 per year

Overview

Mortgage lenders in Connecticut are required to maintain a $100,000 to $500,000 surety bond as a condition of licensure. The NNA has secured $600 to $3,000 flat rates for all Connecticut mortgage brokers to obtain this bond without a credit check ($6 premium per $1,000 liability). This bond meets the licensing requirements for Connecticut mortgage lenders and lasts for one year.