New Jersey Residential Mortgage Broker Bond - Corporation

Bond Details

NJ Residential Mortgage Broker Bond - Corporation – $150,000 bond – $900 per year

Overview

As a condition of your licensure, residential mortgage brokers must apply for a New Jersey mortgage broker bond. The New Jersey Department of Banking & Insurance regulates this bond for mortgage brokers. Bond amounts in New Jersey range from $150,000-$300,000. The NNA has secured premiums of $6 per $1,000 in liability to obtain this bond without a credit check.