Georgia Mortgage Broker Bonds (GA Mortgage Processor Bonds)
The Georgia Department of Banking and Finance requires a $50,000 GA Mortgage Broker Bond (GA Mortgage Processor Bond) for those who directly or indirectly solicit, process, place, or negotiate mortgage loans for others, or who close Georgia mortgage loans.
A Georgia Mortgage Broker Bond (GA Mortgage Processor Bond) must be executed by a surety company authorized to do so in the State of Georgia. Note: The name of the Principal insured on the GA Mortgage Broker/Processor Bond must match exactly the Full Legal Name of applicant.
For more information about licensing requirements and exemptions, please visit http://mortgage.nationwidelicensingsystem.org/slr/PublishedStateDocuments/GA-Mtg-Broker-Processor-License-Description.pdf.
This GA Mortgage Broker/Processor Bond requires a credit check. For questions about rates for applicants with good and challenged credit, please call Ameribonds® Surety at (618) 242-7800 or (800) 995-0997, or complete our online or downloadable application.