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New Jersey Mortgage Broker bond

New Jersey Mortgage Broker

New Jersey requires a $10,000 mortgage broker bond.

New Jersey Mortgage Broker bond, answered

How much is a mortgage broker bond in New Jersey?
New Jersey requires a $10,000 mortgage broker bond.
Who needs a New Jersey mortgage broker bond?
Licensed mortgage brokers in every state that requires an ESB at licensing or renewal.
Who regulates mortgage broker bonds in New Jersey?
New Jersey Department of Banking and Insurance oversees mortgage requirements in New Jersey, including the bond filing.
How do renewals work?
Renews annually alongside the underlying license.
How do I get bonded?
Send NMLS ID and target states Receive a per-state quote within one business day Surety signs the ESB in NMLS for your filing

What you will need

  • NMLS Unique Identifier
  • State list and per-state origination figures
  • Owner credit authorization

How to get bonded

  1. Send NMLS ID and target states
  2. Receive a per-state quote within one business day
  3. Surety signs the ESB in NMLS for your filing

Regulator: New Jersey Department of Banking and Insurance

Quote your New Jersey Mortgage Broker bond

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