The Mortgage Broker, Lender or Servicer Surety Bond is required by the state of Tennessee Department of Financial Institutions. This Bond indicates the principal has applied for a license to do business from the Commissioner of the Department of Financial Institutions. Therefore the principal and all the principals’ agents are required to comply with all rules and regulations of that permit and to pay any monies to the Commissioner of the Department of Financial Institutions that may become due. The principal and his agents are also expected to comply with all local and state laws.
To learn more about Tennessee licensing requirements please visit the Tennessee Department of Financial Institutions website.
Call us at (855) 952-6633 to speak with a Surety Bond Expert
What happens after I apply online for my Surety Bond?
Step #1: A Surety Bond underwriter will immediately review your application, if it has been fully completed.
Step #2: A friendly Surety Bond expert will reach out to you to explain your quote or request additional information.
Step #3: Once you accept your quote and pay any premium due, your Surety Bond will be issued and delivered immediately.