A mortgage broker bond is a legally binding contract that acts as a financial guarantee that a broker will follow state laws and ethical business practices.
In some regions, the term "bond" is synonymous with a home loan or mortgage. A bond originator or broker acts as an intermediary between you and multiple potential lenders. Surety Bond for Real Estate Broker Mortgage Escrow bond mortgage broker
: The state regulatory agency that requires the bond. A mortgage broker bond is a legally binding