1 (800) 308-4358
Mon-Fri 7am-7pm CST
  1. 1. Choose A State
  2. 2. Choose A Bond
  3. 3. Enter Your Contact Info
  4. 4. Receive Your Free Quote

Mortgage License Bond

A Guide to Surety Bonds for Mortgage Professionals

SuretyBonds.com is legally licensed to issue mortgage industry surety bonds in all 50 states. Whether you’re a mortgage professional in Georgia, Texas, California or Nevada, we can bond you.

Mortgage lenders, brokers, servicers and loan originators in most states are required to purchase a surety bond before they can be legally licensed. Our team of surety experts have developed this quick and easy guide to bonding for mortgage professionals.

Mortgage License Bond Cost

The costs and requirements of bonds for mortgage brokers, lenders, servicers and originators vary across all states because the bond amounts and licensing are established at the state level. For example, a mortgage lender or servicer bond in California is set at $50,000 for all lenders/servicers operating in the state, whereas a New York mortgage loan originator bond amount ranges from $10,000 to $100,000 because it’s based on the loan volume of the originator. Select your state below for specific information pertaining to mortgage license bonds in your area or call 1 (800) 308-4358 to speak with a surety expert.

NH VT RI NJ DE MD DC MA CT HI AK FL ME NY PA VA WV OH IN IL WI NC TN AR MO GA SC KY AL LA MS IA MN OK TX NM KS NE SD ND WY MT CO UT AZ NV OR ID CA MI

Or, choose your state from the list below:

Pay a Low Rate for Your Mortgage License Bond

Qualified mortgage professionals who work with SuretyBonds.com typically pay a premium of just 1-3% of their bond amount. For instance, mortgage lenders in Oregon needing a $50,000 surety bond could pay just $500 for a full year! We also offer an exclusive Premium Financing Plan, allowing qualified applicants to break up their bond premiums into smaller, more feasible payments.

Mortgage Bonds Protect Consumers

Surety bonds protect consumers from fraud and other wrongful practices committed by mortgage professionals. Depending on a bond form’s specific contractual language, customers could receive financial compensation if a mortgage professional engages in practices that violate the terms of the bond, resulting in financial harm for the consumer. Examples of such activities include a mortgage broker or lender who knowingly approves the borrower for a loan costing more than he or she can afford to repay or encourages the buyer to commit fraud during the application process.

Get Your Bond Fast

Are you in a rush to get your bond? SuretyBonds.com can help. Apply for your bond now, and we’ll give you a free, no-obligation mortgage broker bond price quote within one business day — guaranteed!

As soon as your payment is processed, we’ll issue your bond. You’ll receive a copy of your bond immediately via email and we’ll upload the original to the NMLS website. If your state has not yet converted to electronic surety bonds with NMLS, the original bond form will be mailed directly to you. Do you need your bond ASAP? We offer overnight shipping!

Learn More About Mortgage Industry Bonds

Laws regulating mortgage professionals vary by state. Some states have bonding requirements that apply to all mortgage professionals, while others have specific requirements that vary by profession. To determine whether you need to purchase surety insurance, contact the government agency regulating mortgage professional licensing in your state.