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District of Columbia bonds

District Of Columbia — Mortgage Broker (NMLS) Bond

Use this District of Columbia mortgage broker bond route for the brokerage business in your request. The lender and dual-authority offerings identify different scopes.

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Recorded state
District of Columbia
Bond type
Mortgage Broker Bond
Category
Financial services

What this bond does

Provide security for the brokerage duties in your requested District of Columbia form.

Who needs it
Mortgage brokerage businesses with a District of Columbia company bond request.
Who it protects
The licensing recipient and protected claims are those named in the form; it does not insure every arranged loan.

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.

Keep the broker scope intact

Enter the brokerage's legal name and NMLS ID. If the business also funds loans, compare the actual request with the dual-authority offering rather than assuming broker-only security covers lending.

Use the broker instructions for the amount, effective date and filing. Electronic bond signature and delivery tasks, where applicable, follow surety preparation.

Sources

Have these ready

  1. Brokerage identity and NMLS ID.
  2. District broker request and additional activities.
  3. Required recipient, sum and effective date.

Questions about this bond

Is dual authority the same product?

It is a separate offering. Use it when the requested license and instrument identify that scope.

How do I apply?

Purchase Now opens Propeller in a new tab. Issuance and regulatory delivery are separate from starting the application.

Does purchasing grant broker authority?

No. Bond issuance and license approval are separate; complete the regulator's licensing requirements.

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