This surety bond is required by the Superintendent of the Banks of the State of New York under the provisions of Article 12-D of the State of New York Banking Law. The bond helps provide reimbursement of consumer fees or other charges determined by the Superintendent to be improperly charged or collected and to pay past due Banking Department examination costs and assessments charged to the bondholder. The required bond amount varies, but Surety1 can provide this bond at a competitive price regardless of the bond amount you need.
To Obtain a New York Mortgage Bankers 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.