1 (844) 589-9732

The $50k North Dakota money broker bond will have a premium of just $375, annually. There is no credit inquiry. Please call AmeriPro Surety Bonds today at 844-589-9732.

North Dakota Money Broker Bond

AmeriPro Surety Bonds | 844-589-9732

 

 

 

North Dakota Money Broker License

 

 

 

North Dakota money brokers are licensed and regulated by the state’s Division of Financial Institutions.

The operations authorized under this license include encompass a wide range. These include:

  • First or second lending or brokering;
  • HELOCs;
  • Reverse mortgages;
  • Student loan broker or lending;
  • Consumer lending;
  • Tax refund anticipation lending;

And other professions.

To be licensed, you are also required to show evidence of obtaining a $50,000 surety bond. Upon purchase of your bond, our agency will file it to NMLS  on your behalf.

We offer this bond for both first time applicants and those who wish to renew with our agency.

 

 

 

Qualifying and the Premium

 

 

 

You are automatically approved for the $50,000 North Dakota money broker bond. This is because there is no credit check, nor a review by an underwriter.

The premium to you is just $375, annually, which ¾ of 1%.

When you call us, we’ll ask of you the following:

  • The name, exactly as it should appear on your surety bond to be filed to NMLS;
  • We’ll also request your address, email, and phone number

After payment of the premium, $375, our agency will file your bond on your behalf to NMLS.

The address for your bond’s obligee is:

State of North Dakota, Department of Financial Institutions

2000 Schafer Street, Suite G

Bismarck, North Dakota 58501

701-328-9933

 

 

 

Premium Prepayment Options

 

 

 

Your money broker bond renews annually on the anniversary of its issuance. You also have the option to prepay your bond up to 3 years, which will saves money over annual renewals.

The premium prepayment options and savings are as follows:

  • If prepaid for 2 years, the premium is $675, a $75 savings over annual renewals;
  • If prepaid for 3 years, the premium is $975, a $150 savings over annual renewals.

 

 

 

Purpose of Your Surety Bond Requirement

 

 

 

Your money broker bond is a financial guarantee for the state of North Dakota, consumers, and the Division of Financial Institutions that you will be in compliance with all regulations and laws concerning your professional duties.

 

 

 

About Us

 

 

 

AmeriPro Surety Bonds is a surety bonds-only agency. We provide mortgage-related surety bonds nationwide.

Our agency is also a provider of license and permit, court, probate, and other surety bonds in North Dakota and all 50 states.

Please call us today at:

 

844-589-9732

 

Or, you may fill out the form below and a Surety Agent will contact you…

 

Request a Callback

  • MM slash DD slash YYYY
  • Please note: We do not share or rent your address to anyone, except for underwriting purposes associated with your surety bond.
  • This helps us to find exactly the surety bond that you require. By the way, it's perfectly OK to not know the type of surety bond you need; that's why we're here!
  • This field is for validation purposes and should be left unchanged.