Kentucky Mortgage Loan Originator Bond
No credit check or financials needed up to $1M in aggregate bonds. Your bond premium (your cost) is $6 per $1,000 of the bond amount. The NNA has secured a $100 flat rate for bond amounts of $15,000 and a $120 flat rate for bond amounts of $20,000 for Kentucky mortgage companies.
Non-W2 MLOs licensed in Kentucky are now required to obtain an individual surety bond. Original bond documents must be mailed to:
ATTN: Alexis Cataldo-Johnson Kentucky Department of Financial Institutions 500 Mero Street Mayo-Underwood Building, 2 SW 19, Frankfort, KY 40601
Bond Amount | Cost (Annual Premium) |
|
---|---|---|
$15,000 | $100 | |
$20,000 | $120 |
The Simple Bonding Process
Request a free quote or view your price
Take the first step by requesting a free quote or viewing the price to discover unbeatable value.
Sign your contract and pay the premium.
Buy right now or easily get a quote for your surety bond.
Receive your surety or fidelity bond.
It's just that easy!
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