Alaska Registration Depository Institution Registration Bond
AmeriPro Surety Bonds | 844-589-9732
The Alaska registration depository institution registration license authorizes a company to offer:
- First mortgage brokering;
- Mortgage lending;
- Manufactured housing financing;
- Reverse mortgage lending;
- Third party mortgage underwriting and processing;
- And other duties as outlined on NMLS .
A $75,000 surety bond is a prerequisite for licensing. Upon purchase of your surety bond, our agency will electronically file it to NMLS on your behalf.
Qualifying and the Premium
Qualifying for the $75,000 Alaska registration depository institution registration bond is by completing a short surety bond application — which we’ll begin with you over the phone — and having it both signed by a Principal of your company and witnessed (it does not need to be notarized).
After submission of the completed application, there is an underwriter which includes a business (or personal) credit score inquiry.
Approval is granted on the basis of satisfactory credit. The premium is $563 annually.
After payment of the premium, our agency will electronically file your bond to NMLS.
The Alaska state regulatory body address is:
State of Alaska, Department of Commerce
Community & Economic Development
Division of Banking & Securities
P.O. Box 110807
Juneau, AK 99811-0807
Premium Prepayment Options
Our agency offers you the option to prepay your registration depository institution company bond’s premium up to 3 years. This offers your company a savings over annual renewals, and the premium breakdown is as follows:
- If prepaid for 2 years, $1013, a $113 savings;
- If prepaid for 3 years, $1464, a $225 savings.
Purpose Of Your Surety Bond Requirement
This bond is a financial guarantee of your compliance with Alaska Statute § 06.60.014 as amended.
AmeriPro Surety Bonds is a surety bonds-only agency. We provide license and permit bonds throughout Alaska and all 50 states.
Please call our agency today at:
Or, you may fill out the form below and a Surety Agent will contact you..