$100,000 bond requirement for Arkansas Mortgage Brokers & Lenders
Arkansas Mortgage Brokers and Mortgage Lenders have a minimum surety bond requirement of $100,000. The specific bond amount for each company/individual will be set by the state’s regulations.
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Victor Lance is the founder and president of Lance Surety Bond Associates, Inc. He began his career as an officer in the U.S. Marine Corps, serving two combat tours. As president of Lance Surety, he now focuses on educating and assisting small businesses throughout the country with various license and bond requirements. Victor graduated from Villanova University with a degree in Business Administration and holds a Masters in Business Administration (MBA) from the University of Michigan's Ross School of Business.
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