District of Columbia Mortgage Broker Bond

Bond Details

• District of Columbia Mortgage Broker Bond – $12,500 bond – $100 per year
• District of Columbia Mortgage Broker Bond – $17,500 bond – $105 per year
• District of Columbia Mortgage Broker Bond – $25,000 bond – $150 per year
• District of Columbia Mortgage Broker Bond – $50,000 bond – $300 per year
• District of Columbia Mortgage Broker Bond – $200,000 bond – $1,200 per year

Overview

Mortgage brokers in the District of Columbia are required to post a $12,500 to $200,000 surety bond as a condition of licensure. The NNA has secured a premium of $6 per $1,000 in liability ($100 minimum premium) for all District of Columbia mortgage brokers and lenders to obtain this bond without a credit check. This bond meets the licensing requirements for District of Columbia mortgage brokers/lenders and lasts for one year.