Bond Details

Michigan 1st Mortgage Broker Bond – $25,000 bond – $150 per year

Overview

Mortgage brokers who help clients secure first-lien mortgage loans, or act as agents for those offering such loans, are required to get a surety bond. Required by Michigan’s Department of Insurance and Financial Services (DIFS), the 1st mortgage broker bond serves as a financial guarantee the broker will operate according to state laws and regulations.

Principal: Mortgage broker (Company)
Obligee: Department of Insurance and Financial Services
Surety: NNA Surety
Bond Amount: $25,000
Bond Cost: $150
Bond Term: 1 year

Get Your Michigan 1st Mortgage Broker Bond

NNA Surety makes the bonding process simple with no credit check or review of financial statements. Complete our form, provide your business and personal information, and submit payment. Your Michigan broker bond will be issued instantly. For more information, call 855-575-1063 or send us an email.

The Simple Bonding Process

View your price or request a free quote

Discover unbeatable value with coverage options tailored to your needs.

Sign your contract and pay the premium

Seal the deal and ensure protection and peace of mind for your business.

Receive your surety or fidelity bond

Expect a speedy turnaround. Our typical turnaround time is 24 hours or less.

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