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Michigan Loan Originator Bond | Surety Bond

Loan Originator Bond Application

Type of Bond


Michigan Loan Originator Bond is required by The State Of Michigan Office Of Financial And Insurance Regulation to comply with the State licensing requirements.  Each state has drafted their own Loan Originator Bond Form, so you will need a different Loan Originator bond for each state you will be transacting business in.

This may be a problem for other agencies, but not ours. Our Agency is licensed in all 50 States and can handle all Surety Bonds.


Program


Program: Our agency currently has several specialty programs that can help you place your $10,000 Michigan Loan Originator Bond.

Michigan Loan Originator bonds are an extension of credit, like a loan your rate will be based upon your credit situation. Most surety agencies will decline your bond submission if you don't have a 700 credit score, but our company is different. We can help you in almost any credit or financial situation. Our rates start at 1% to 3%  for most surety bonds. If your credit has taken a beating the rates start at 4% to 25% . 

Always check with the State Of Michigan Office Of Financial And Insurance Regulation "Obligee" for details

Loan Originator Bond Application

Application


Our application process for a $10,000 Loan Originator bond is easy. You can either apply online or fill out a pdf application at your leisure.

The Michigan Loan Originator Bond amount is currently set at  $10,000.

Obligee Information

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

Obligee address:

Obligee: State Of Michigan Office Of Financial And Insurance Regulation

Street:

State:

Zip:



Here are a few state specific bonds

State Surety Bond Bond Amount Obligee Bond Form More info
Colorado  Loan Originator Bond $25,000  State Of Colorado Division Of Real Estate  Colorado Loan Originator Bond Form Colorado Loan Originator Bond
Georgia  Loan Originator Bond $10,000  Georgia Department Of Banking And Finance  Georgia Loan Originator Bond Form Georgia Loan Originator Bond
Idaho  Loan Originator Bond $10,000  State Of Idaho  Idaho Loan Originator Bond
Michigan  Loan Originator Bond $10,000  State Of Michigan Office Of Financial And Insurance Regulation  Michigan Loan Originator Bond
New York  Loan Originator Bond $25,000  New York State Banking Department   New York Loan Originator Bond
Washington  Loan Originator Bond $10,000  State Of Idaho  Washington Loan Originator Bond


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How We Work

step 1

Fill out an Application

step 2

We Shop for the lowest rate

step 3

You Get Approved