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Ohio Mortgage Broker Bond info
Department Of Commerce, Division of Financial Institutions
is the Obligee
Mortgage brokers must maintain a surety bond of $50,000
for their main office, plus $10,000 for each branch
office. The correct classification for this surety bond
is Mortgage Broker Bond. They must also have 3 years'
experience in the lending field or an associate's degree
in finance, banking or business administration. The
Mortgage broker Bond usually must be obtained before
the Mortgage Broker license is issued. Obtaining a Surety
Bond or Mortgage Broker Bond is like applying for a
loan, the surety will review credit and financials to
determine the rate. Please always check with the state
for updated information and make sure that the state
fees or Surety Bond amounts/requirements have not changed.
For your convenience the Obligee’s website has been
provided above. Please always request a copy of the
Surety Bond form in question from the state.
 Ohio
Agricultural Dealer Surety Bond ($5,000 - $100, 0000)
Ohio
Citrus Surety Bonds
Ohio
Collection Agency
Ohio
Contractor License Surety Bond ($10,000)
Ohio
Contractor License Surety Bond ($50,000)
Ohio
Dance Studio Surety Bond ($5,000 / $10,000 / $15,000)
Ohio
Financial Responsible Officer Surety Bond ($50,000)
Ohio
Health Care Facilities Provider
Ohio
Health Club Surety Bond ($50,000)
Ohio
Insurance Adjuster Surety Bond
Ohio
Liquor Bond
Ohio
Medicaid Bond ($50,000)
Ohio
Mortgage Broker ($10,000)
Ohio
Mortgage Correspondent / Lender ($25,000)
Ohio
Mobile Home Installer Surety Bond
Ohio
Mobile Home Dealer Surety Bond ($25,000)
Ohio
Motor Vehicle Dealer License Bond ($25,000)
Ohio
Private School Surety Bond
Ohio
Pawnbroker Surety Bond
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