This surety bond is required by the State of Minnesota Department of Commerce under M.S. Section 58.04. This bond ensures that the bond holder will comply with the terms of the Minnesota Statutes, Sections 58.01 to 58.18, 58A.01 to 58A.22, and any other legal obligations arising out of the bond holder’s conduct as a residential mortgage originator. The required bond amount varies, but regardless of the bond amount you need, Surety1 can provide it quickly and at a competitive rate.
To Acquire a Minnesota Residential Mortgage Originator 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.