Nevada Loan Modification Consultant License Surety Bond
If you are conducting business as a Loan Modification Consultant in the State of Nevada a License is required through the NV Division of Mortgage Lending. As part of the licensing requirements, you must secure and maintain a Loan Modification Consultant License Surety Bond. The bond amount is based upon the average Trust Account balance. The minimum bond amount required is $75,000, if the Trust Account balance is in excess of $50,000, the bond amount needs to be $100,000.00.
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