Section 23-39-505 of the Fair Mortgage Lending Act sets the qualifications for licensure, and subsection (f) requires licensee applicants — mortgage bankers, brokers, and servicers alike — to post a surety bond. The FMLA rules tier the amount by prior-calendar-year Arkansas residential mortgage activity: $100,000 at $10 million or less, $150,000 above $10 million to $25 million, and $200,000 above $25 million. The full amount must be in effect at all times.

What the bond actually guarantees

You need this bond if you're

Checkout-priced bonds like this issue the moment you pay. Your e-signed bond will arrive by email, ready to file through NMLS.

AR Combination Mortgage Banker/Broker/Servicer Bond: $600 flat at every FMLA volume tier under A.C.A. 23-39-505(f), filed via NMLS. Issued instantly.

Combination Mortgage Banker / Broker / Servicer Bond

Arkansas - Combination Mortgage Banker / Broker / Servicer - NMLS

Final premium can vary based on underwriting factors

How this works?

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Clear pricing.Instant issuance.