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Louisiana
Commercial Loan Broker's Bond

400,000+ Bonds issued to 250,000+ satisfied customers.

Coverage Amount: $25,000
Term Length: 1 year
Cost: $250
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Louisiana Loan Broker Bond Guide

If you’re applying for a commercial loan broker license in Louisiana, you’ll likely need this surety bond. 

Bond Overview

  • Purpose: To protect clients from fraud, theft or misrepresentation
  • Who Needs It: Commercial loan brokers in Louisiana
  • Regulating Body: The Office of Financial Institutions, Non-Depository Division
  • Required Coverage: $25,000
  • Premium Rate: $250 for a 1-year term

Learn all about the bond requirements and process in this guide.

What Is a Louisiana Commercial Loan Broker's Bond?

A Louisiana commercial loan broker's bond is a form of financial security to protect consumers and the state if a broker breaches their contract.

How Much Do Commercial Loan Broker's Bonds Cost?

A $25,000 Louisiana loan broker's bond costs a flat rate of $250 for a 1-year term. Or, you can save 25% by selecting a multi-year term. 

Click below to buy your bond in minutes!

Bond Type
$25,000Commercial Loan Broker's Bond

SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees. 

Who Needs a Commercial Loan Broker's Bond? 

The Louisiana Office of Financial Institutions, Non-Depository Division requires this bond as part of the licensing process for all commercial loan broker licenses in the state.  

This includes any person who obtains consumer loans or federally-related mortgage loans on behalf of Louisiana residents for compensation. 

How Do I Get My Bond?

With SuretyBonds.com, you can buy your Louisiana loan broker's bond instantly online. Just enter your information and checkout in minutes. 


We’ll mail you the bond via your preferred shipping method. Be sure to file it with the Office of Financial Institutions as instructed. 

If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance. 

How Does a Loan Broker Bond Work? 

A commercial loan broker's bond creates a legal contract between these three parties: 

  1. Principal: You, the loan broker licensee filing the bond
  2. Obligee: The Office of Financial Institutions, Non-Depository Division requiring the bond
  3. Surety: The provider issuing the bond

This holds you financially responsible for upholding the provisions of LSA-R.S. 9:3572.1—3572.12. 

If you break the bond terms, harmed parties can file claims. The surety will pay valid claims up to the bond amount, but you must ultimately refund the surety. 

How Do I Renew My Bond?

These bonds expire annually. To renew your loan broker's bond, simply pay your renewal invoice when prompted. 

We’ll begin contacting you by phone and email 90 days before the expiration date. 

More Resources

Call 1 (800) 308-4358 to talk with a Surety Expert

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