Michigan 2nd Mortgage Broker Registrant Bond
Mortgage brokers seeking registration under Michigan’s Secondary Mortgage Loan Act must hold a surety bond. The second mortgage broker registrant bond is a required part of the registration process and protects consumers from financial loss if the broker fails to comply with state laws and regulations.
Cost of a Michigan 2nd Mortgage Broker Registrant Bond
Bond Amount Required | Annual Premium |
$25,000 | $150 |
Secure Your Michigan Second Mortgage Broker Registrant Bond
Getting your bond through NNA Surety is quick and hassle-free. No credit check or financial documents are required. Complete our form, provide your business and personal details, and submit payment. Your Michigan broker bond will be issued immediately. For questions, call 855-575-1063 or send us an email.