Arizona Mortgage Banker Bond
Based on Approved Credit Check
| Bond Amount Required | Bond Term | Annual Premium |
| $25,000 | 1 Year | $150 |
| $30,000 | 1 Year | $180 |
| $35,000 | 1 Year | $210 |
| $40,000 | 1 Year | $240 |
| $45,000 | 1 Year | $270 |
| $50,000 | 1 Year | $300 |
| $55,000 | 1 Year | $330 |
| $60,000 | 1 Year | $360 |
| $65,000 | 1 Year | $390 |
| $70,000 | 1 Year | $420 |
| $75,000 | 1 Year | $450 |
| $80,000 | 1 Year | $480 |
| $85,000 | 1 Year | $510 |
| $90,000 | 1 Year | $540 |
| $95,000 | 1 Year | $570 |
| $100,000 | 1 Year | $600 |
Mortgage bankers conducting business in Arizona must meet state licensing and bonding requirements. Required by the State of Arizona, the Arizona mortgage banker bond guarantees compliance with state mortgage banker requirements and provides financial protection for people harmed by covered wrongful acts, defaults, fraud or misrepresentation.
Cost of the Arizona Mortgage Banker Bond
The cost of the $25,000 to $100,000 Arizona mortgage banker bond is $150 to $600 per bond term with NNA Surety. Secure this surety bond today.
How the Arizona Mortgage Banker Bond Works
The Arizona mortgage banker bond protects consumers by holding licensed mortgage bankers financially accountable for complying with applicable state mortgage banker requirements.
The bond involves three parties:
- Principal: Mortgage banker
- Obligee: State of Arizona
- Surety: Bonding company
A claim against the bond may be filed for covered wrongful acts, defaults, fraud or misrepresentation. The principal is responsible for repaying valid claims paid by the surety.
How to Get the Arizona Mortgage Banker Bond
Follow these simple steps to get bonded with NNA Surety:
- Complete this short online application.
- Pay the applicable $150 to $600 bond premium.
- Receive the bond form via email.
- Download and file the bond as required for your Arizona mortgage banker license.
Learn more about your Arizona surety bond options across the state.
Get Your Arizona Mortgage Banker Bond
Stay compliant with Arizona licensing requirements by securing your mortgage banker bond today. Complete this form or call 855-457-2196 to get bonded.