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Arizona bonds

Arizona — Commercial Mortgage Banker Bond

Use this Arizona commercial mortgage banker bond route for the commercial banking class named in your DIFI request. Keep the funding business distinct from a commercial brokerage.

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Recorded state
Arizona
Bond type
Mortgage Lender / Banker Bond
Category
Financial services

What this bond does

Back the commercial mortgage banker's obligations stated in the requested security form.

Who needs it
Arizona commercial mortgage banker applicants needing the specified bond.
Who it protects
The requested form defines the recipient and recoverable obligations; the bond does not insure the banker's loan portfolio.

Your bond option

This is the option on record for this bond.

The bond amount describes the limit of the bond obligation, not the price. A listed amount does not establish what the requesting party requires. The premium is what you pay and must be confirmed for the actual option. An E&O limit, where listed, is separate errors and omissions insurance.

Apply under the commercial banker class

DIFI separately lists commercial mortgage banker, mortgage banker and commercial mortgage broker. It directs applications for these licenses through NMLS.

Describe the company's funding activities and use the commercial banker's requested form and sum. After issuance, complete execution and delivery under those instructions; selecting a license class does not deliver a bond.

Sources

Have these ready

  1. Commercial banker legal name and NMLS ID.
  2. DIFI request and principal office details.
  3. Required bond sum and intended effective date.

Questions about this bond

Can I use the commercial broker offering?

A commercial broker class and a commercial banker class are separately listed by DIFI. Match the licensed activity in your request.

How do I apply through this page?

Purchase Now continues to Propeller in a new tab. Complete the provider application before issuance and the later licensing filing.

Are fixed amounts listed here?

This page has one application route without fixed amount or term choices. Bring the sum required for your commercial banker application.

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