California Finance Lender and-or Broker License Surety Bond
All persons transacting business in the State of California as a California Mortgage Broker / Finance Lender are required to post and maintain a Mortgage Broker / Finance Lender License Surety Bond in the amount of $25,000.00
A Mortgage Broker is defined as any person engaged in the business of negotiating or performing any act, for a fee, as a broker in connection with loans made by a finance lender. Under California Finance Lenders Laws Mortgage brokers operating under the California Finance Lenders license may only make California loans with lenders that are also licensed under the CFL.
A finance lender is defined as any person engaged in the business of making consumer or commercial loans.
Brokers and Lenders under this license are not required to be domociled or maintain a Califorina office location.
Get started now! Follow the link below to apply for your California Finance Lender and/or Broker License Surety Bond and let our expert staff get the bond you need at the lowest possible price!
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Need help with your California Finance Lender and/or Broker License Surety Bond??
- Call us and let our staff walk you through the process - 800-737-4880
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