Surety Bonds Kentucky:

Individual Mortgage Loan Originator ($20,000)

The Individual Mortgage Loan Originator Surety Bond ($20,000) is required by the state of Kentucky Commissioner, Department of Financial Institutions. The Bond amount (Penalty) required for this Bond is $20,000. This Bond ensures the principal (applicant)is applying, or has applied, to the Department of Financial Institutions for a license to do business as a mortgage loan originator. Therefore the principal must comply with all regulations and provisions of KRS Chapter 286.8. This Bond also ensures the principal will comply with all local and state laws.

To learn more about Kentucky licensing requirements please visit the Kentucky Department of Financial Institutions website.