New York New York Mortgage Loan Originator | $15,000 New York Mortgage Loan Originator Surety Bond

Also known as: mortgage loan originator bond

Type of Bond

A New York Mortgage Loan Originator Bond is a type of surety bond that guarantees the proper performance of obligations by a mortgage loan originator (MLO) in accordance with the New York State Banking Law. It is required of all MLOs operating in the state of New York. The bond is intended to protect consumers in the event of any financial losses due to fraud or negligence on the part of the MLO.


Program

The price you'll pay for your $15,000 New York Mortgage Loan Originator Bond is generally based on your personal credit score. Start a free online quote by just completing a simple app or by calling 888-518-8011. Our experts will walk you through a very simple process. Compare our quote as the very lowest price, and then you're good to go! It's that simple!

We provide all types of $15,000 New York Mortgage Loan Originator Bonds. Worldwide Insurance Specialists, Inc. has "in house" underwriting authority with the largest and best Surety (Insurance) companies in the world including, Great American, Liberty Mutual, Philadelphia, Travelers, and CNA Surety. All of these surety bond companies are A-rated under the AM Best credit rating system, and T-listed with the U.S. Department of Treasury. This guarantees that by getting bonded through us, you will be provided the backing of these highly trustworthy and reliable companies.


Application

The application process for a $15,000 New York Mortgage Loan Originator Bonds is easy! Many Bonds are INSTANT ISSUE! Easy Application, no underwriting, no credit check, no GIA required. Our NEW Desktop underwriting program provides you with a rapid approval process used to determine the degree of risk that you (the Principle) complete a project or obligation. Non-INSTANT ISSUE quotes can also get instantly approved. Submissions require very little information from you. Once you file and sign an indemnity agreement, we issue the Bond. It's that simple! We quote and issue Surety Bonds of every type and will help you through the entire process. These applications only require basic information about your business, bond type, and ownership structure. Once the application is complete, we submit to the insurance company (Surety) who will then issue your bond. Don't pay too much! Get your Bond Fast, and Easy with the best price! Click here to start the New York Mortgage Loan Originator Bond Application process.

The New York New York Mortgage Loan Originator Bond amount is currently set at  $15,000.

Obligee Information

An obligee is the entity that is requiring you to have the New York Mortgage Loan Originator bond.

For your convenience you can view a sample copy of the New York New York Mortgage Loan Originator Bond Form.

Obligee: New York Superintendent Of Banks