Wisconsin Mortgage Brokers are required to have a license and obtain a Wisconsin Residential Mortgage Broker Surety Bond as a condition of licensure. License prerequisites include a minimum net worth of $100,000 and securing a surety bond.
Surety bonds must be purchased from a surety company that is licensed to do business in Wisconsin. SuretyGroup.com is licensed to write all Wisconsin surety bonds and fulfills this requirement.
The premium that you pay for a Wisconsin Residential Mortgage Broker License Surety Bond is dependent on credit, and personal and business financial statements. Our rates start as low as .75%. Contact our Surety Bond Specialists for a free quote that fits your specific situation.
Check out our FAQ page or What’s a Surety Bond? page. Should you need or choose to buy a surety bond, buy from us. SuretyGroup.com has been underwriting surety bonds throughout the U.S. for more than 35 years. When you work with us, you enjoy the unique benefit of dealing with a team of highly experienced surety agents with in-house underwriting authority. This allows you to receive competitive, low rates, quick approvals, and immediate bond delivery. In most cases, your bond will be delivered within 24 hours after you apply for it.
For a downloadable application