Mortgage Loan Originators operating in the State of Idaho are required by the Idaho Department of Finance to execute an Idaho Mortgage Loan Originator Bond to ensure compliance with licensure.
Bonds Express offers an Idaho Mortgage Loan Originator Bond with a 99% approval rate.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The Idaho Mortgage Loan Originator Bond holds you accountable for your business decisions.
By possessing an Idaho Mortgage Loan Originator Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.