Connecticut Mortgage Lender Bond
Mortgage lenders in Connecticut are required to maintain a $100,000 to $500,000 surety bond as a condition of licensure. The NNA has secured $600 to $3,000 flat rates for all Connecticut mortgage brokers to obtain this bond without a credit check ($6 premium per $1,000 liability). This bond meets the licensing requirements for Connecticut mortgage lenders and lasts for one year.