New York Mortgage Brokers Bond

This surety bond is required by the Superintendent of Banks of the State of New York in accordance with the regulations set by Article 12-D of the Banking law of the State of New York as set forth in Section 410.14 of Part 410 of the Superintendent’s Regulations. The bond is in place for exclusive use of the Superintendent for the 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 Attain a New York Mortgage Brokers Bond: 

  1. Complete an online application.
  2. One of our expert commercial surety agents will call and email you with the firm quote and an agreement to sign.
  3. 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.