Mortgage Broker Bond Brownsville TX | $50,000
Texas mortgage brokers and mortgage bankers must post a $50,000 surety bond with the Texas SML under Texas Finance Code §156.204 as a condition of licensure. Serving Brownsville, Cameron County and the Rio Grande Valley area. from $375/year (annual renewal).
Mortgage Broker Bond Requirements in Brownsville
- Bond Amount: $50,000
- Cost: from $375/year (annual renewal)
- Required By: Texas Dept. of Savings and Mortgage Lending (SML)
- Legal Authority: Texas Finance Code §156.204
- County: Cameron County, Texas
How to Get Your Mortgage Broker Bond in Brownsville
- Apply online at Quantum Surety -- takes under 5 minutes
- Receive your bond certificate by email, same day
- File your certificate with Texas Dept. of Savings and Mortgage Lending (SML)
Get My Mortgage Broker Bond -- from $375/year
Frequently Asked Questions
- Is a Mortgage Broker Bond required in Brownsville?
- Texas mortgage brokers and mortgage bankers must post a $50,000 surety bond with the Texas SML under Texas Finance Code §156.204 as a condition of licensure.
- How much does a Mortgage Broker Bond cost in Brownsville?
- from $375/year through Quantum Surety (annual renewal). No hidden fees.
- How fast can I get my bond?
- Same day. Apply online, pay, and receive your certificate by email within minutes -- ready to file with Texas Dept. of Savings and Mortgage Lending (SML).
Apply for a Surety Bond