Michigan — 1st Mortgage Broker - NMLS Bond
Arranging first-mortgage loans in Michigan? Match this broker bond route to your company's licensing request before applying. It is separate from the combined broker, lender and servicer offering.
Continue to our secure checkout partner, Propeller (opens in a new tab).
- Recorded state
- Michigan
- Bond type
- Mortgage Broker Bond
- Category
- Financial services
What this bond does
Provide security for the first-mortgage brokerage duties described in the requested form.
- Who needs it
- Michigan businesses with a first-mortgage broker bond requirement to satisfy.
- Who it protects
- The form identifies the licensing recipient and protected claims. It does not provide the broker with insurance for every business loss.
Your bond option
This is the option on record for this bond.
- Bond optionPurchase Now (opens in a new tab)Continue to our secure checkout partner, Propeller (opens in a new tab).
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.
Sources
- NMLS: gathering electronic surety bond requirements (opens in a new tab)Checked October 22, 2026
- NMLS: executing a bond (opens in a new tab)Checked October 22, 2026
Have these ready
- Company name and NMLS ID.
- First-mortgage broker licensing instructions.
- Requested bond recipient, sum and effective date.
Questions about this bond
Does broker-only mean lending is included?
The title identifies brokering. If your company funds loans, compare the request with the combined broker/lender offering before choosing.
How does the purchase work?
Purchase Now opens Propeller in a new tab for the application. The provider's review and issuance follow; licensing approval remains separate.
Can I use it for a second mortgage?
Use the second-mortgage request and its corresponding offering. Similar business names do not establish interchangeable bond forms.