Rhode Island Mortgage Loan Brokers are required to file a Rhode Island Mortgage Loan Broker Bond to ensure compliance with Title 19, Chapters 14 and 14.1 of the General Laws of Rhode Island.
Bonds Express offers a Rhode Island Mortgage Loan 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 Rhode Island Mortgage Loan Broker Bond holds you accountable for your business decisions.
By possessing a Rhode Island Mortgage Loan Broker Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.