CT exempt registrant debt negotiator bonds.
From $100. Enter your amount.
A Connecticut debt negotiation licensee that is exempt from mortgage lender, correspondent lender, or broker licensing — and that sponsors mortgage loan originators as an exempt registrant — files this bond with the Department of Banking under CGS § 36a-671d. The penal sum is tiered to the residential mortgage volume your sponsored originators negotiate: $50,000, $100,000, or $150,000. The premium is 0.6% of the bond amount, $100 minimum, and any credit screen is a soft pull only — it never affects your score.
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Three steps. One sitting.
The bond side of your exempt registrant filing is the easy part. Here's the entire process:
Apply online
Business details, your tier amount, an effective date, and a soft-pull credit consent — a soft inquiry only, so it never affects your score. That is the entire application.
Pay & e-sign
The premium is 0.6% of the bond amount you entered, $100 minimum, and the bond issues the moment you pay — your executed bond and power of attorney generate on the spot.
File through NMLS
Your executed bond arrives by email, ready to file with your exempt registrant record through NMLS to the Department of Banking. Wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
Connecticut's mortgage loan originator law requires every MLO to be covered by a surety bond filed by the person who sponsors them. A debt negotiation licensee that is exempt from licensure as a mortgage lender, correspondent lender, or broker — but sponsors at least one MLO as an exempt registrant — files this bond under CGS § 36a-671d instead of the standard $50,000-per-location debt negotiator bond alone.
The penal sum is tiered to the aggregate residential mortgage loans negotiated by all sponsored MLOs during the preceding twelve-month period ending July 31st: $50,000 under $30 million, $100,000 from $30 million to $50 million, and $150,000 at $50 million and above.
It's a three-party arrangement: you (the principal), the surety carrier, and the State of Connecticut (the obligee). Debtors and mortgagors damaged by a failure to perform written agreements — and mortgagors holding unsatisfied judgments arising from nonprime home loan work — can recover on the bond, and the Banking Commissioner can proceed on it for civil penalties and examination costs. It is not insurance for you — if the surety pays, you repay the surety.
You need this bond if you're
One application, issued instantly.
These are the actual issuing fields — business details, your tier amount, and a soft-pull credit consent that never affects your score.
Start the application →Common questions.
Other Connecticut bonds.
Get your exempt registrant bond filed today.
0.6% of the bond amount, $100 minimum, issued the moment you pay. Free until issued.