Arkansas Mortgage Servicer Bond

Mortgage servicers 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 servicers to obtain this bond without a credit check. This bond meets the licensing requirements for Arkansas mortgage brokers and lasts for one year. Each mortgage broker must file for renewal between November 1 and December 31 of the calendar year.