Delaware mortgage loan originator bonds.
From $150.
Every licensed mortgage loan originator in Delaware must be covered by a surety bond under 5 Del. C. § 2415, filed with the Office of the State Bank Commissioner. The amount is tiered to loan volume, from a $25,000 minimum for new licensees up to $200,000. Our premium is 0.6% of the bond amount.
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How much does a Delaware mortgage loan originator 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 — enter your amount, pay, and file with the State Bank Commissioner. Here is the whole thing:
Apply online
Your details, the bond amount your license tier requires, an effective date, and a term. 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.
Pay & e-sign
The premium is 0.6% of the bond amount — your exact price appears before you pay, and the executed bond and power of attorney generate the moment you do.
File with the State Bank Commissioner
Your executed bond arrives by email, ready to file with your mortgage loan originator license — Delaware administers MLO licensing through the NMLS. Wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
Delaware licenses individual mortgage loan originators under the Delaware SAFE Act, Chapter 24 of Title 5, implemented by Commissioner's Regulation 2401. Section 2415 requires every licensed originator to be covered by a surety bond, and the regulation tiers the amount to annual Delaware loan volume — a $25,000 minimum for initial licenses, rising to $200,000 at the highest volume bracket.
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 consumers injured by any wrongful act, omission, default, fraud, or misrepresentation by the originator in the course of licensed activity.
It is not insurance for you — if the surety pays a claim, you repay the surety. If you work for a mortgage broker or licensed lender bonded under Chapter 21 or 22, your employer's bond can cover you instead — this bond is for originators who need their own coverage. 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 the State Bank Commissioner. Your executed bond arrives by email, ready to file with your mortgage loan originator license — Delaware administers MLO licensing through the 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.
These are the actual issuing fields — your details, your bond amount, an effective date, and a term. That is the 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) | 5 Del. C. § 2108 | $25,000 | $150 |
| Mortgage Lender Bond | 5 Del. C. § 2208 | $50,000 or more | From $300 |
| Mortgage Loan Originator Bond (this page) | 5 Del. C. § 2415 & 5 Del. Admin. Code 2401-12.0 | $25,000 or more | From $150 |
Other Delaware bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Finish your MLO license today.
0.6% of the bond amount, issued the moment you pay. Free until issued.