Arkansas mortgage banker bonds.
$600 flat.
Arkansas licenses mortgage bankers under the Fair Mortgage Lending Act, and A.C.A. § 23-39-505(f) makes a surety bond a condition of the license: $100,000 for a banker whose Arkansas residential loan volume was $10 million or less in the prior calendar year. Ours is $600 flat.
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How much does an Arkansas mortgage banker bond cost?
$600 at the $100,000 amount, the same for every applicant.
Three steps. One sitting.
NMLS surety bonds are among the most standardized filings in mortgage licensing. Here is 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 $600 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 ready to associate with your Arkansas license record via NMLS electronic surety bond, where the Securities Department reviews it. Wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
Arkansas regulates mortgage bankers — lenders who fund residential mortgage loans — through the Arkansas Securities Department under the Fair Mortgage Lending Act, A.C.A. § 23-39-501 et seq. Licensure requires a surety bond under § 23-39-505(f), tiered to your prior-year Arkansas volume: $100,000 at $10 million or less, $150,000 between $10 million and $25 million, and $200,000 above $25 million.
It's a three-party arrangement: you (the principal), the surety carrier, and the state (the obligee). The bond stands behind your compliance with the Act — the licensing, disclosure, and conduct rules that protect Arkansas borrowers — and a person harmed by a violation can recover against it. The full bond amount must be in effect at all times.
It is not insurance for you — if the surety pays a claim, you repay the surety. Under the FMLA rules the bond must also remain in effect for at least five years after it lapses or terminates, so keep it 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 $100,000 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 ready to associate with your Arkansas license record via NMLS electronic surety bond, where the Securities Department reviews it. Wet-ink original mailed on request.
What sets the price
The premium is fixed at $600 at the $100,000 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.
Arkansas mortgage license bonds.
We write 8 mortgage license bonds in Arkansas. Each license has its own bond, amount and price; pick the one your license calls for.
| License bond | Required by | Bond amount | Price |
|---|---|---|---|
| Combination Mortgage Banker / Broker / Servicer Bond | A.C.A. § 23-39-505(f) | Varies | From $600 |
| Mortgage Broker Bond ($100,000) | A.C.A. § 23-39-505(f) | $100,000 | $600 |
| Mortgage Broker Bond ($150,000) | A.C.A. § 23-39-505(f) | $150,000 | $900 |
| Mortgage Broker Bond ($200,000) | A.C.A. § 23-39-505(f) | $200,000 | $1,200 |
| Mortgage Banker Bond ($100,000) (this page) | A.C.A. § 23-39-505(f) | $100,000 | $600 |
| Mortgage Banker Bond ($150,000) | A.C.A. § 23-39-505(f) | $150,000 | $900 |
| Mortgage Banker Bond ($200,000) | A.C.A. § 23-39-505(f) | $200,000 | $1,200 |
| Mortgage Servicer Bond | A.C.A. § 23-39-505(f) | Varies | From $600 |
Other Arkansas bonds.
Been told you need a different amount?
Price and requirements checked on the carrier’s application, . Page updated .
Finish your mortgage banker license today.
$600 flat, issued the moment you pay, no credit check. Free until issued.