Mortgage Broker Banker Or Lenderbonds are required by The Department of Finance or Banking to comply with the state, city, county, or federal government licensing requirements. The obligee is the government entity requiring you to get the bond. There are a variety of types of surety bonds, each with its own requirements and uses. Each entity has their own Mortgage Broker Banker Or Lender Bond Form, so you will need a different Mortgage Broker Banker Or Lender bond for each state you will be transacting business in.