Arizona commercial mortgage banker bonds.
From $150.
Arizona licenses commercial mortgage bankers through the Department of Insurance and Financial Institutions, and A.R.S. § 6-975 requires a bond: $25,000 if your investors are limited solely to institutional investors, $100,000 if they include any other investors. Ours is 0.6% of the bond amount.
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How much does an Arizona commercial mortgage banker bond cost?
0.6% of the bond amount, from $150 at the $25,000 minimum. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
No underwriting queue for the standard commercial mortgage banker bond — enter your amount, pay, and file with DIFI. Here is the whole thing:
Apply online
Your business details, NMLS number, the bond amount your license requires, and the effective date — that is the application. No credit check up to $250,000. Above that, the carrier may run a soft pull, which never affects your score.
Issued the moment you pay
This bond is checkout-priced — the premium is 0.6% of the bond amount you enter, and the executed bond is generated when you pay.
File with DIFI
Your executed bond and power of attorney arrive by email, ready to submit with your commercial mortgage banker license application or renewal through NMLS. Wet-ink original mailed on request.
What it is and who needs it.
What the commercial mortgage banker bond guarantees
Arizona regulates commercial mortgage bankers under Title 6, and A.R.S. § 6-975 requires each licensee to deposit a bond with the deputy director before doing business. The bond is conditioned on the licensee's faithful compliance with the licensing article — including its directors, officers, members, partners, trustees, and employees.
It's a three-party arrangement: your company (the principal), the surety carrier, and the state (the obligee). The bond is payable to any person injured by the wrongful act, default, fraud, or misrepresentation of the licensee or its employees, and to the state for the benefit of the injured person. If the surety pays a claim, your company repays the surety.
The amount turns on who funds your loans: $25,000 where investors are limited solely to institutional investors, $100,000 where they include any other investors. The statute allows cash or certain deposit alternatives, but a surety bond keeps that capital free. 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 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.
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 with DIFI. Your executed bond and power of attorney arrive by email, ready to submit with your commercial mortgage banker license application or renewal through NMLS. Wet-ink original mailed on request.
What sets the price
The premium is 0.6% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.
No credit check up to $250,000. Above that, the carrier may run a soft pull, which never affects your score.
Where a check runs, it decides approval; the rate is the same for everyone approved.
One application, issued instantly.
Enter the bond amount your license requires and the executed bond generates at checkout — 0.6% of the bond amount. No credit check up to $250,000. Above that, the carrier may run a soft pull, which never affects your score.
Start the application →Common questions.
Arizona mortgage license bonds.
We write 5 mortgage license bonds in Arizona. Each license has its own bond, amount and price; pick the one your license calls for.
| License bond | Required by | Bond amount | Price |
|---|---|---|---|
| Commercial Mortgage Broker Bond | A.R.S. § 6-903(K) | Varies | From $100 |
| Mortgage Broker Bond | A.R.S. § 6-903(K) | Varies | From $100 |
| Commercial Mortgage Banker Bond (this page) | A.R.S. § 6-975 | $25,000 or more | From $150 |
| Mortgage Banker Bond | A.R.S. § 6-943 | Varies | From $100 |
| Mortgage Loan Originator Bond ($200,000) | A.R.S. § 6-991.03(B)(8) | $200,000 | $1,200 |
Other Arizona bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Finish your license checklist today.
0.6% of the bond amount, issued the moment you pay. Free until issued.