Alaska Mortgage Broker/Lender Bond
Flat Rates & No Credit Check
| Bond Amount Required | Bond Term | Annual Premium |
| $75,000 | 1 Year | $450 |
Mortgage brokers and lenders that make or provide mortgage loans in Alaska must meet state licensing requirements before conducting business. Required by the State of Alaska, the Alaska mortgage broker/lender bond guarantees compliance with state mortgage licensing requirements and provides financial protection for covered violations.
Cost of the Alaska Mortgage Broker/Lender Bond
The cost of the $75,000 Alaska mortgage broker/lender bond is $450 per bond term with NNA Surety. Secure this surety bond today.
How the Alaska Mortgage Broker/Lender Bond Works
The Alaska mortgage broker/lender bond protects consumers by holding licensed mortgage businesses financially accountable for complying with applicable state mortgage licensing requirements.
The bond involves three parties:
- Principal: Mortgage broker or lender
- Obligee: State of Alaska
- Surety: Bonding company
A claim against the bond may be filed for covered violations of Alaska mortgage licensing requirements. The principal is responsible for repaying valid claims paid by the surety.
How to Get the Alaska Mortgage Broker/Lender Bond
Follow these simple steps to get bonded with NNA Surety:
- Complete this short online application.
- Pay the $450 bond premium.
- Receive the bond form via email.
- Download and file the bond as required for your Alaska mortgage broker/lender license.
Learn more about your Alaska surety bond options across the state.
Get Your Alaska Mortgage Broker/Lender Bond
Stay compliant with Alaska licensing requirements by securing your mortgage broker/lender bond today. Complete this form or call 855-457-2196 to get bonded.