Hawaii mortgage servicer bonds.
$600 flat.
Hawaii licenses mortgage brokers as mortgage loan originator companies under HRS chapter 454F, which requires no surety bond. This bond is only for mortgage servicers licensed under HRS chapter 454M.
Before a Hawaii mortgage servicer license becomes effective, HRS 454M-4 requires the applicant to file a $100,000 surety bond with the Commissioner of Financial Institutions, conditioned on faithfully performing your written agreements with borrowers and mortgagees and truly accounting for all funds received. Ours is $600 flat.
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How much does a Hawaii mortgage servicer bond cost?
$600 at the $100,000 amount, the same for every applicant.
Three steps. One sitting.
The mortgage servicer bond is one of the simplest pieces of an NMLS license file. 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 $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 arrives by email, ready to attach to your license record for the Hawaii Division of Financial Institutions. Wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
Hawaii licenses mortgage servicers through the Division of Financial Institutions (Department of Commerce and Consumer Affairs), with applications processed on NMLS. Under HRS 454M-4, the license does not become effective until the applicant files a surety bond in a penal sum of $100,000, written by a surety authorized in the State, with the Commissioner.
It's a three-party arrangement: you (the principal), the surety carrier, and the State (the obligee). The bond is conditioned on the licensee faithfully performing its written agreements with borrowers and mortgagees and truly accounting for all funds received — the escrow, payoff, and remittance duties at the heart of servicing.
It is not insurance for you — if the surety pays a claim, you repay the surety. The surety cannot cancel without 30 days' written notice to the Commissioner, and the Commissioner automatically suspends the license on the cancellation date — so the bond 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 $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 arrives by email, ready to attach to your license record for the Hawaii Division of Financial Institutions. 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.
Other Hawaii 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 servicer license file today.
$600 flat, issued the moment you pay, no credit check. Free until issued.