Kentucky Mortgage Broker Bond
Mortgage brokers in Kentucky are required to post a $50,000 surety bond as a condition of licensure. The NNA has secured a $300 flat rate for all Kentucky mortgage brokers to obtain this bond without a credit check or review of company financials. This bond meets the licensing requirements for Kentucky mortgage brokers and lasts for one year. Bond amount is based on the previous year's aggregate funded volume according to the following table:
| Bond Amount Required | Annual Premium |
| $50,000 | $300 |
Overview
Mortgage brokers in Kentucky are required to post a $50,000 surety bond as a condition of licensure. The NNA has secured a $300 flat rate for all Kentucky mortgage brokers to obtain this bond without a credit check or review of company financials. This bond meets the licensing requirements for Kentucky mortgage brokers and lasts for one year.