This surety bond helps protect persons involved in a mortgage contract in case the mortgage broker does not follow the Colorado Mortgage Broker Registration Act. The required bond amount is set at $25,000. In most cases, the premium on this bond is generally as low as 1%. Account rates available are for national or regional mortgage brokers with operations in more than one state or companies with multiple bond needs.
To Attain a Colorado Mortgage Broker 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.