Alaska mortgage broker & lender bonds.
$450 flat.
Alaska licenses mortgage brokers and mortgage lenders under the Alaska Secure and Fair Enforcement for Mortgage Licensing Act, and every licensee maintains a $75,000 surety bond under AS 06.60.045, filed electronically through NMLS with the Division of Banking and Securities. Ours is $450 flat.
Trusted by industry leaders
How much does an Alaska mortgage broker & lender bond cost?
$450 at the $75,000 amount, the same for every applicant.
Three steps. One sitting.
The Alaska mortgage license bond is one of the most standardized filings in surety. Here's the entire process:
Apply online
Business details, an effective date, and a term. That is the application. No credit check.
Pay & e-sign
This bond is checkout-priced at $450 flat, so it issues the moment you pay — your executed bond and power of attorney generate on the spot.
File through NMLS
Your executed bond is delivered on the NMLS electronic surety bond track, tied to your company record with the Alaska Division of Banking and Securities. Wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
Alaska regulates mortgage brokers, lenders, and originators through the Division of Banking and Securities (Department of Commerce, Community, and Economic Development) under AS 06.60, the state's SAFE-Act mortgage licensing chapter. A licensed mortgage broker or lender maintains a $75,000 surety bond under AS 06.60.045, and the bond rides on your NMLS company record.
It's a three-party arrangement: you (the principal), the surety carrier, and the State of Alaska (the obligee). The bond stands behind your compliance with AS 06.60 — the conduct, disclosure, and trust-handling rules that protect Alaska borrowers. A lapsed bond puts the license itself at risk.
It is not insurance for you — if the surety pays a claim, you repay the surety. The license renews annually through NMLS, so the bond has to stay continuously on file; we track the term and send renewal notices 60 and 30 days out.
You need this bond if you're
Claims, renewal, filing, and what sets the price.
If a claim is made
A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.
The surety investigates and pays a valid claim, up to the $75,000 bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
The premium covers a one-year term from the effective date you choose; a longer term is the same price per year, chosen at checkout.
Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.
How to file it
File through NMLS. Your executed bond is delivered on the NMLS electronic surety bond track, tied to your company record with the Alaska Division of Banking and Securities. Wet-ink original mailed on request.
What sets the price
The premium is fixed at $450 at the $75,000 amount for every applicant: the carrier’s rate book prices this bond by the form, not by your credit or your business profile.
No credit check.
One application, issued instantly.
These are the actual issuing fields — business details, an effective date, and a term. That is the entire application.
Start the application →Common questions.
Other Alaska bonds.
Been told you need a different amount?
Price and requirements checked on the carrier’s application, . Page updated .
Finish your Alaska mortgage license today.
$450 flat, issued the moment you pay, no credit check. Free until issued.