What are the key requirements for obtaining a mortgage broker bond?

[jackkyle]

Hi everyone,

I'm interested in becoming a mortgage broker and I've come across the need for a mortgage broker bond as part of the licensing process. Can anyone share the key requirements for obtaining one?

What should I expect in terms of costs, eligibility, and the bonding process itself? Are there any specific regulations or state-based requirements I should be aware of?

Any advice or personal experience would be greatly appreciated!

Thanks!
Jackkyle