Georgia Mortgage Lender Bond
Flat Rates & No Credit Check
| Bond Amount Required | Bond Term | Annual Premium |
| $250,000 | 1 Year | $1,500 |
Mortgage lenders conducting residential mortgage lending business in Georgia must meet state licensing and bonding requirements. Required by the State of Georgia, the Georgia mortgage lender bond guarantees compliance with the Georgia Residential Mortgage Act and provides financial protection for covered violations.
Cost of the Georgia Mortgage Lender Bond
The cost of the $250,000 Georgia mortgage lender bond is $1,500 per bond term with NNA Surety. Secure this surety bond today.
How the Georgia Mortgage Lender Bond Works
The Georgia mortgage lender bond protects consumers by holding licensed mortgage lenders financially accountable for complying with applicable state mortgage lending requirements.
The bond involves three parties:
- Principal: Mortgage lender
- Obligee: State of Georgia
- Surety: Bonding company
A claim against the bond may be filed for covered violations of the Georgia Residential Mortgage Act. The principal is responsible for repaying valid claims paid by the surety.
How to Get the Georgia Mortgage Lender Bond
Follow these simple steps to get bonded with NNA Surety:
- Complete this short online application.
- Pay the $1,500 bond premium.
- Receive the bond form via email.
- Download and file the bond as required for your Georgia mortgage lender license.
Learn more about your Georgia surety bond options across the state.
Get Your Georgia Mortgage Lender Bond
Keep your Georgia licensing requirements on track by securing your mortgage lender bond today. Complete this form or call 855-457-2196 to get bonded.