Name: District of Columbia Mortgage Dual Authority License Bond
Brand: NNA Surety Bonds
Price: 1200.0 USD

Bond Details

DC Mortgage Dual Authority License Bond – $12,500 bond – $100 per year
DC Mortgage Dual Authority License Bond – $17,500 bond – $105 per year
DC Mortgage Dual Authority License Bond – $25,000 bond – $150 per year
DC Mortgage Dual Authority License Bond – $50,000 bond – $300 per year
DC Mortgage Dual Authority License Bond – $200,000 bond – $1,200 per year

Overview

Mortgage companies that engage in both mortgage lending and mortgage brokering activity involving residential property in the District of Columbia are required to obtain a dual authority license and surety bond. The amount of the bond ranges from $12,500 to $200,000 and is issued on the Nationwide Mortgage Licensing System (NMLS).