For 25 years, we have specialized in providing mortgage license bonds for brokers, lenders/bankers, correspondent lenders, servicers, and individual loan officers.

We remain a premier source for mortgage license bonds and insurance. Our combination of superior service, underwriting flexibility and competitive pricing has benefited thousands of clients nationwide.

How quickly will I receive approval?

Typically, an underwriting response can be obtained in less than 24 hours!

Will one Mortgage License Bond cover multiple states?

No. You will need to post a separate mortgage broker bond for each state in which you plan to hold a license. The required bond language is specific to each state and only supports a particular license. Our Bond Specialists are experienced with all state bond forms and will help ensure you get the proper bond for your license type.

What size Mortgage License Bond will I need?

This can depend on a variety of factors and will differ by state and license type. While some requirements are a fixed amount, the majority will be tiered and depend on your volume. Again, these tiers will vary by state. There are also some amounts that are determined by number of locations. Amounts typically range from $10,000 to $500,00 with the majority between $25,000 to $250,000. NMLS is a good resource as is outlines the specific requirements for each state and license type. Of course, our specialists can also assist in this regard.

What are the primary underwriting considerations for Mortgage License Bonds?

Time in business and/or the business owner’s experience usually plays a significant part. For clients needing larger programs, financial strength is a major factor. For clients needing smaller programs, the credit of the business owner is a primary consideration.

Are personal credit reports and personal guarantees required?

Personal credit reports are a standard underwriting tool, so yes, they are typically required. However, in a majority of cases, we are able to secure bonding without personal guarantees.

How much does a Mortgage License Bond cost?

Annual premiums are determined by a variety of underwriting factors specific to each client. While typical pricing would be $7.50 per thousand of bond amount, the majority of our bonds receive preferred pricing that can run well below this level.

How do I apply for a Mortgage License Bond?

  • Option 1 – You may complete the quote form above and one of our bond specialists will contact you.
  • Option 2 – You may call Joanna Carson at 434-832-2293. She will be happy to walk you through the process and answer any questions.
  • Option 3 – You may download & complete an application below. You will need Adobe Acrobat. Once completed, please submit to Joanna Carson at