Georgia Mortgage Lender Bond
Mortgage lenders in the state of Georgia must maintain a $250k bond as a part of licensure.
Bond Amount Required | Annual Premium |
$250,000 | $1,500 |
Overview
Mortgage lenders seeking to obtain their licenses must obtain a Georgia mortgage broker bond. The Georgia Department of Banking and Finance oversees and regulates mortgage brokers in order to ensure they comply with all licensing laws. 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.