Indiana Loan Broker Bond
Flat Rates & No Credit Check
| Bond Amount Required | Bond Term | Annual Premium |
| $60,000 | 1 Year | $360 |
Loan brokers in the state of Indiana must maintain a $60k bond as a part of licensure.
| Bond Amount Required | Annual Premium |
| $60,000 | $360 |
Loan brokers that assist consumers in securing residential mortgage loans in Indiana must meet state licensing and bonding requirements. Required by the State of Indiana, the Indiana loan broker bond helps ensure compliance with state loan broker requirements and provides financial protection for covered violations.
Cost of the Indiana Loan Broker Bond
The cost of the $60,000 Indiana loan broker bond is $360 per bond term with NNA Surety. Secure this surety bond today.
How the Indiana Loan Broker Bond Works
The Indiana loan broker bond protects consumers by holding licensed loan brokers financially accountable for complying with applicable state requirements.
The bond involves three parties:
- Principal: Loan broker
- Obligee: State of Indiana
- Surety: Bonding company
A claim against the bond may be filed when a loan broker fails to comply with covered Indiana requirements and causes financial harm. The principal is responsible for repaying valid claims paid by the surety.
How to Get the Indiana Loan Broker Bond
Follow these simple steps to get bonded with NNA Surety:
- Complete this short online application.
- Pay the $360 bond premium.
- Receive the bond form via email.
- Download and file the bond as required for your Indiana loan broker license.
Learn more about your Indiana surety bond options across the state.
Get Your Indiana Loan Broker Bond
Keep your Indiana licensing requirements on track by securing your loan broker bond today. Complete this form or call 855-457-2196 to get bonded.