Georgia mortgage broker bonds.
$900 flat.
Georgia requires every licensed mortgage broker to maintain a $150,000 surety bond under the Georgia Residential Mortgage Act, running to the State of Georgia for anyone damaged by a licensee's noncompliance and filed through NMLS with the Department of Banking and Finance. Ours is $900 flat.
Trusted by industry leaders
How much does a Georgia mortgage broker bond cost?
$900 at the $150,000 amount, the same for every applicant.
Three steps. One sitting.
The GRMA broker bond is a standardized NMLS filing. 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 $900 flat, so it issues the moment you pay — your executed bond and power of attorney generate on the spot.
File through NMLS
The executed bond is delivered ready to associate with your Georgia license record via NMLS electronic surety bond tracking, satisfying the Department of Banking and Finance.
What it is and who needs it.
What the bond actually guarantees
Georgia licenses mortgage brokers through the Department of Banking and Finance under the Georgia Residential Mortgage Act. O.C.G.A. § 7-1-1003.2 requires every broker licensee to post a bond in the principal sum of $150,000 — or a greater amount the Department sets by regulation based on loan volume — issued by a surety authorized in Georgia and approved by the Department.
It's a three-party arrangement: you (the principal), the surety carrier, and the State of Georgia (the obligee). The bond runs to the state for the benefit of any person damaged by noncompliance with the GRMA or a condition of the bond — a damaged borrower, or the Department itself, can proceed directly against the principal or the surety.
It is not insurance for you — if the surety pays a claim, you repay the surety. The statute makes the bond requirement continuous: it must be maintained at all times as a condition of licensure, so 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 $150,000 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. The executed bond is delivered ready to associate with your Georgia license record via NMLS electronic surety bond tracking, satisfying the Department of Banking and Finance.
What sets the price
The premium is fixed at $900 at the $150,000 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.
Georgia mortgage license bonds.
We write 2 mortgage license bonds in Georgia. 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 ($150,000) — NMLS (this page) | O.C.G.A. § 7-1-1003.2 | $150,000 | $900 |
| Mortgage Lender Bond ($250,000) — NMLS | O.C.G.A. § 7-1-1003.2 | $250,000 | $1,500 |
Other Georgia bonds.
The same bond in nearby states.
Been told you need a different amount?
Price and requirements checked on the carrier’s application, . Page updated .
Finish your NMLS broker filing today.
$900 flat, issued the moment you pay, no credit check. Free until issued.