Utah
Mortgage Broker Bond

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

Coverage Amount: $25,000
Term Length: 1 year
Price Varies
Most Bonds Processed In 24 Hours Or Less
Fast Delivery

Purchase your bond today and select from Next Day, Two Day, or Three Day Shipping.


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How Much Do Utah Mortgage Broker Bonds Cost?

Mortgage loan brokers in Utah must purchase a $25,000 surety bond. Pricing starts at $187.50 for highly qualified applicants. However, your exact rate can range from 0.75–5% of the bond total based on your credit score. Request a free, personalized quote now: 

Bond Type
$25,000Residential Mortgage Broker Bond (Entity Applicant)

If you work as a mortgage professional in other states, we offer mortgage industry license bonds nationwide. We also issue bonds for Utah mortgage loan originators.

How Does a Utah Mortgage Broker Bond Work? 

A Utah mortgage broker bond binds three parties in a legal contract:  

If a bonded professional breaks the contract terms, harmed parties can file a claim to recover damages. The surety company will pay out valid claims up to the full bond amount, which the principal would need to reimburse. 

How Do I Get a Mortgage Broker Bond in Utah? 

With SuretyBonds.com, you can get your Utah mortgage loan broker bond in just three easy steps: 

  1. Apply for your surety bond online
  2. Receive a free quote within one business day
  3. Checkout on our secure, online portal

Once you checkout, we'll mail your official bond documents. Sign and submit your bond form to the obligee. If you’re in a rush, select overnight shipping at checkout.

What Is a Utah Mortgage Broker Bond? 

Utah mortgage broker bonds are required by the Utah DRE as part of the state licensing requirements. These bonds guarantee compliance with the Utah Residential Mortgage Practices Act when servicing mortgage loans. 

How to Get a Mortgage Broker License in Utah

Mortgage brokers in Utah must be licensed and bonded with the Division of Real Estate. Use the NMLS application checklist to complete all the requirements for the Utah mortgage license you need.  

How Do I Renew My Bond? 

Utah mortgage loan broker bonds remain continuous until canceled. A SuretyBonds.com representative will contact you with renewal instructions and an invoice to keep your bond active before your term ends. To cancel a bond, the principal or surety must send 30-day’s written notice to the obligee.

Additional Resources 

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