Delaware mortgage broker bonds.
$150 flat.
Delaware licenses mortgage loan brokers through the Office of the State Bank Commissioner under Chapter 21 of Title 5, and 5 Del. C. § 2108 requires every licensee to file a corporate surety bond in the principal sum of $25,000. Ours is $150 flat, the price you see is the checkout price. No credit check.
Trusted by industry leaders
How much does a Delaware mortgage broker bond cost?
$150 at the $25,000 amount, the same for every applicant.
Three steps. One sitting.
Mortgage broker license bonds are among the simplest 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 $150 flat, so it issues the moment you pay — your executed bond and power of attorney generate on the spot.
File with the State Bank Commissioner
Your executed bond arrives by email, ready to file with your mortgage loan broker license — Delaware administers licensing through the NMLS. Wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
Delaware requires anyone brokering mortgage loans on Delaware residential real estate to hold a mortgage loan broker license from the Office of the State Bank Commissioner under Chapter 21 of Title 5. Section 2108 requires every licensee to file an original corporate surety bond of $25,000, written by a surety authorized to transact business in Delaware, with a term commensurate with the license period or continuous.
It's a three-party arrangement: you (the principal), the surety carrier, and the State of Delaware (the obligee). The bond runs to the State for the benefit of the Office of the State Bank Commissioner and of all consumers injured by any wrongful act, omission, default, fraud, or misrepresentation by a licensee in the course of its licensed activity.
It is not insurance for you — if the surety pays a claim, you repay the surety. The bond's expiration date can be no earlier than the date your license expires, so it 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 $25,000 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 with the State Bank Commissioner. Your executed bond arrives by email, ready to file with your mortgage loan broker license — Delaware administers licensing through the NMLS. Wet-ink original mailed on request.
What sets the price
The premium is fixed at $150 at the $25,000 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.
Delaware mortgage license bonds.
We write 3 mortgage license bonds in Delaware. Each license has its own bond, amount and price; pick the one your license calls for.
| License bond | Required by | Bond amount | Price |
|---|---|---|---|
| Mortgage Broker Bond ($25,000) (this page) | 5 Del. C. § 2108 | $25,000 | $150 |
| Mortgage Lender Bond | 5 Del. C. § 2208 | $50,000 or more | From $300 |
| Mortgage Loan Originator Bond | 5 Del. C. § 2415 & 5 Del. Admin. Code 2401-12.0 | $25,000 or more | From $150 |
Other Delaware bonds.
Been told you need a different amount?
Price and requirements checked on the carrier’s application, . Page updated .
Finish your mortgage broker license today.
$150 flat, issued the moment you pay, no credit check. Free until issued.