This surety bond is required by the State of Arizona, State Banking Department, in compliance with A.R.S. Title 6, Chapter 9, Article 1. The typical bond amount is $15,000 if the mortgage broker uses any institutional investors and $10,000 f not. This bond functions as a form of protection for any person injured or harmed by the wrongful act, default, fraud, or misrepresentation of the licensee or his employees. To determine the cost of this bond, simply complete our easy online application.
To Obtain an Arizona Mortgage Broker Surety Bond:
- Complete an online application.
- One of our expert commercial surety agents will call and email you with the firm quote and an agreement to sign.
- Provide payment and your signed agreement, then you will receive your bond!
** all bonds are subject to the underwriting terms and conditions of the issuing company.