Section 7-1-1003.2 of the Georgia Residential Mortgage Act sets the financial requirements for licensing: the bond for a mortgage broker shall be in the principal sum of $150,000 (or a greater sum the Department requires by regulation based on loan volume), shall run to the State of Georgia for the benefit of any person damaged by noncompliance, and shall be maintained continuously as a condition of licensure.

What the bond actually guarantees

You need this bond if you're

Checkout-priced bonds like this issue the moment you pay. Your e-signed bond will arrive by email, ready to associate with your Georgia license record in NMLS.

Georgia Mortgage Broker Bond: $900 flat for the $150,000 GRMA bond under O.C.G.A. § 7-1-1003.2, filed via NMLS with the GA Dept. of Banking. Issued instantly.

Mortgage Broker Bond ($150,000) — NMLS

Georgia - Mortgage Broker ($150,000) - NMLS

Final premium can vary based on underwriting factors

How this works?

If you are a non profit select Corporation

All future bond correspondence and renewals will be sent to this address

Clear pricing.Instant issuance.