AL mortgage broker bonds.
From $100. Enter your amount.
Alabama licenses mortgage brokers through the State Banking Department under the Mortgage Brokers Licensing Act, and the license application — filed through the NMLS — carries a surety bond tiered to your loan volume: $25,000, $50,000, or $75,000. The premium is 0.6% of the bond amount, $100 minimum, your exact price appears at the application, and any credit screen is a soft pull only — it never affects your score.
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Apply to filed in one sitting.
No underwriting queue for the Alabama mortgage broker bond — enter your amount, pay, and file through the NMLS. Here is the whole thing:
Apply online
Business details, your bond amount tier, an effective date, and a term. That is the entire application — any credit screen is a soft pull that never shows as a hard inquiry.
Pay & e-sign
The premium is 0.6% of the bond amount, $100 minimum — priced at checkout, so the bond issues the moment you pay. Your executed bond and power of attorney generate on the spot.
File with your NMLS application
Your executed bond arrives by email, ready to submit with your State Banking Department license filing through the NMLS. Wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
Alabama's Mortgage Brokers Licensing Act requires a license from the State Banking Department to broker residential mortgage loans in the state. The application — filed through the NMLS — includes a surety bond under Ala. Code § 5-25-5, sized to your prior-year Alabama loan volume: $25,000 up to $25 million, $50,000 up to $100 million, and $75,000 above that.
It's a three-party arrangement: you (the principal), the surety carrier, and the State of Alabama (the obligee). The bond stands behind your compliance with the Act — the disclosure, recordkeeping, and conduct rules that protect Alabama borrowers who pay a broker to arrange a mortgage.
It is not insurance for you — if the surety pays a claim, you repay the surety. The bond has to stay continuously on file for the license to stay in good standing; we track the term and send renewal notices 60 and 30 days out.
You need this bond if you're
One application, issued instantly.
Submit the application with your bond amount tier — the executed bond is generated the moment you pay, ready to file.
Start the application →Common questions.
Other Alabama bonds.
Finish your mortgage broker license today.
0.6% of the bond amount, $100 minimum, issued the moment you pay. Free until issued.