Arizona Mortgage Banker Bond
To obtain your Arizona mortgage banker bond, applicants must be a resident of the state. Arizona’s Department of Financial Institutions is the governing body which oversees the licenses and regulations in the state. Mortgage banker surety bond requirements vary between $25,000 (if investors are institutions) and $100,000 (if investors are non-institutional). No credit check or financials needed up to $1M in aggregate bonds. Your bond premium (your cost) is only $6 per $1,000 of the bond amount.