Mortgage Broker Bond (NMLS)
Mortgage Broker Bond (NMLS) Information
What is a Mortgage Broker Bond?
Mortgage Broker Bonds are commercial license surety bonds. Mortgage Broker Bonds, like all surety bonds, involve three parties: One party is the principal, in this case the mortgage broker, who purchases the bond to prove that their business is trustworthy. Another is the obligee. In this case the obligee can be the state, or the mortgage broker's clients, who can make claims against the bond if the mortgage broker violates provisions of the bond. The third party in this agreement is the surety or an underwriter who issues the bond to the mortgage broker.How Does this Bond Work?
Mortgage broker bonds are required by states to protect consumers that are in the process of obtaining mortgages. Mortgage broker surety bonds are also known as Loan Broker Bonds, Mortgage Loan Originator, and Residential Mortgage Originator Bond. Surety bond amount requirements vary based on personal credit. Our agency has a variety of programs designed to get all types of Mortgage Brokers approved at excellent rates. Call us to get more information or apply online for your free quote.
Our agency offers a variety of programs designed to help all types of mortgage bonds get approved quickly, and at excellent rates, in all 50 states. Unlike other agencies who may sell all kinds of insurance, we specialize exclusively in surety bonds. This not only allows us to grow our expertise, but it also provides us the opportunity to give your business the best possible bonding experience.- 100% Secure Online Application
- Lowest Rates
- Free Quotes
- Approval Rate Nearly 100% (even for the less than perfect credit applicants)
How much does a Mortgage Broker Bond cost?
How do I get a Mortgage Broker Bond?
Can I get approved for a Mortgage Broker Bond if I have bad credit?
Will my Mortgage Broker Bond work for multiple states?
How to Reduce the Cost of Your Bond Premium
If you would like to reduce the amount of your bond premium there are a few simple steps you can take.- Ensure that your credit report is accurate when submitting your bond application
- Work to improve your personal credit score
- Add a co-signer to your bond

Over 125 years of combined experience
As a surety bond broker, we work for YOU not the surety company. We are licensed nationwide and appointed by 25 surety companies so that we are able to offer the best solution for all surety bond needs. We are a small organization that strives to make you feel like part of our family.
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Three party agreement
Surety Bond Definition: The definition of a surety bond is as follows: A surety bond is a binding agreement between three parties. This agreement sets forth a financial guarantee by one party ( “surety” ) to another party ( “obligee” ) that a third party ( “principal” ) will fulfill required obligations to the obligee, and that state, federal, and local laws and applicable regulations will be adhered to. Let’s examine each of the three parties.
Learn more about surety bondsBad Credit – Fast Approvals – Lowest Rates Available.

- Credit below 650 and/or have blemishes on credit report.
- Average cost is 5-15% of the bond amount.
- Available for all commercial bonds.
Why does credit matter? Applying for a surety bond is similar to applying for a loan. You are asking a surety company to back you financially. Reviewing credit is the best method for the surety to understand their risk. All sureties review credit as a view only and should have no effect on your credit score. While it is true that bad credit makes it harder to obtain a competitive quote, we are committed to making sure all of our customers have access to the best possible rates. While we can’t guarantee that we can provide a bond for the most extreme bad credit situations, we strive to make sure no stone is unturned! In other words, if you are insurable, we will get it written. Contact us today and let us put together an online quote for you that will exceed your expectations.