Connecticut Mortgage Correspondent Lender

Mortgage correspondent lenders in Connecticut must post a surety bond between $100k and $500k, depending on the volume of loans originated in the previous year.

Dollar Amount of Origination Volume	Bond Amount Required	Annual Premium
$0 - $30,000,000	$100,000	$600
$30,000,000 - $100,000,000	$200,000	$1,200
$100,000,000 - $250,000,000	$300,000	$1,800
Over $250,000,000	$500,000	$3,000