Pennsylvania — Mortgage Broker Advanced Fees Bond
Accepting advance fees as a Pennsylvania mortgage broker? The department's published advance-fee bond form states $100,000 in security. Prepare the brokerage's legal details for this specific obligation.
Continue to our secure checkout partner, Propeller (opens in a new tab).
- Recorded state
- Pennsylvania
- Bond type
- Mortgage Broker Bond
- Category
- Financial services
What this bond does
Secure compliance with the Mortgage Licensing Act and performance of the provisions for which the broker receives advance fees.
- Who needs it
- Pennsylvania mortgage brokers whose licensing request concerns accepting advance fees.
- Who it protects
- The Commonwealth of Pennsylvania is the obligee. The form provides remedies for qualifying injured persons and specified department obligations.
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
- Pennsylvania Banking and Securities: Mortgage Broker Bond, Advance Fees (opens in a new tab)Checked October 22, 2026
Have these ready
- Mortgage broker name, principal address and license details.
- Description of advance-fee arrangements.
- Requested effective date and authorized signers.
Questions about this bond
Is this a loan funding bond?
It concerns brokerage and the provisions for which advance fees are paid. It does not establish a lender license or secure every loan loss.
Does the form have a fixed annual expiration?
The published form continues indefinitely subject to cancellation. Follow your license instructions for ongoing security and renewal responsibilities.
How do I begin the application?
Purchase Now opens Propeller in a new tab. Application review and issuance come before execution and filing; purchasing does not approve the broker license.