Mississippi Mortgage Lender Bond

Mississippi requires mortgage lenders to post a surety bond to obtain and maintain their license through the Department of Banking and Consumer Finance. The bond amount required is $150,000. Mortgage lenders must keep their bonds active and in compliance with state regulations throughout their licensing period.

No credit check or financials needed up to $1M in aggregate bonds. Your bond premium (your cost) is $6 per $1,000 of the bond amount.