This surety bond is required by the State of New York, Banking Department, Superintendent of Financial Services. The bond is in place for any reimbursement of consumer fees or other charges determined by the Obligee to have been improperly charged or collected by the bondholder in violation of the business conduct and consumer protection laws and regulations. The required bond amount varies, but Surety1 can provide this bond at a competitive price regardless of the bond amount you need.
To Get a New York Mortgage Loan 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.