Arkansas Mortgage Banker Bond
Flat Rates & No Credit Check
Mortgage bankers in the state of Arkansas are required to post a surety bond between $100,000 and $200,000, depending on the previous year's volume. New applicants must post a bond amount of $100,000.
| Aggregate Loan Amount | Bond Amount Required | Annual Premium |
| $0 - $10,000,000 | $100,000 | $600 |
| $10,000,001 - $25,000,000 | $150,000 | $900 |
| Over $25,000,000 | $200,000 | $1,200 |
Overview
Mortgage bankers in Arkansas are required to post a $100,000 to $200,000 surety bond as a condition of licensure. The NNA has secured $600 to $1,200 flat rates for all Arkansas mortgage bankers to obtain this bond without a credit check. This bond meets the licensing requirements for Arkansas mortgage bankers and lasts for one year. Each mortgage broker must file for renewal between November 1 and December 31 of the calendar year.
The Simple Bonding Process
View your price or request a free quote
Discover unbeatable value with coverage options tailored to your needs.
Sign your contract and pay the premium
Seal the deal and ensure protection and peace of mind for your business.
Receive your surety or fidelity bond
Expect a speedy turnaround. Our typical turnaround time is 24 hours or less.
Have Questions? Call or Chat With Us Today