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Washington Mortgage Broker Bond

Mortgage brokers are required by the Washington State Department of Financial Institutions to obtain a Mortgage Broker Bond with a bond amount of $20,000 as part of the initial licensing process. Existing mortgage brokers will need to maintain a bond in the amount of $20,000, $40,000, or $60,000 depending on the volume of loan originations completed in the preceding calendar year. This bond serves as a form of financial protection for clients and the state to compensate for any financial harm caused by the broker. The NNA has secured a flat rate of $120 for all Washington Brokers.

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!
Have Questions? Call or Contact Us for a Quick Quote