Tennessee Mortgage Brokers are required under the Tennessee Codes Annotated section 45-13-101 et. seq. to file a Tennessee Mortgage Broker Bond as a condition of licensure.
Bonds Express offers a Tennessee Mortgage Broker 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 Tennessee Mortgage Broker Bond holds you accountable for your business decisions.
By possessing a Tennessee Mortgage Broker Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.