Georgia Mortgage Broker/Banker/Lender Surety Bonds

There are mortgage related Surety Bonding requirements throughout the United States. Surety Bonds are required for Mortgage Brokers, Bankers, Servicers, Lenders and many others. The Bond's purpose is to ensure the consumer is protected in the event of wrongful practices or fraud on the part of the lender or broker.

What actions fall under “wrongful practices” or “fraud”?

  • pressuring buyers into certain loan products, including high-risk loans or loans with higher interest rates
  • establishing an interest rate on the basis of anything other than the borrower's credit history
  • knowingly approving the borrower for a loan for more than he or she can afford to repay
  • establishing an interest rate on the basis of anything other than the borrower's credit history
  • encouraging the buyer to use fraud during the application process
  • charging unnecessary or additional fees

To learn more about Mortgage Broker requirements please visit the National Association of Mortgage Brokers website.

To learn more about Mortgage Banker requirements please visit the Mortgage Bankers Association website.

Mortgage Broker/Banker/Lender

Name Obligee Actions
Mortgage Brokers Surety Bond Department of Banking and Finance Learn More Buy Now
Mortgage Lender Georgia Department of Banking & Finance Learn More Buy Now
Mortgage Loan Originator Department of Banking and Finance Learn More Buy Now