Bond Details

Oklahoma Mortgage Lender License Bond – $100,000 bond – $600 per year

Overview

The Department of Consumer Credit requires Oklahoma Mortgage Lenders to maintain a $100,000 surety bond. The NNA has secured a $600 premium for this bond without a credit check.

This bond is intended to serve as a financial guarantee that mortgage lenders in Oklahoma will operate according to state regulations and ethical standards and fulfill their obligations to borrowers and regulatory authorities.