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Product:

Pennsylvania Pa Mortgage Broker

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Description:

A Pennsylvania Mortgage Broker Bond is a type of surety bond required by the Pennsylvania Department of Banking and Securities in order to obtain a Mortgage Broker license. The bond is required to protect borrowers from any fraudulent or dishonest practices of the mortgage brokers. The bond is in the amount of $50,000 and must remain in effect for as long as the Mortgage Broker is licensed in the state of Pennsylvania.

Obligee: State Of Pennsylvania Department Of Banking