IN exempt company registration bonds.
$600 flat.
A company that is exempt from Indiana lender or broker licensing — a third-party loan processor, for example — but that employs or sponsors licensed mortgage loan originators still registers with the Department of Financial Institutions through NMLS, and Indiana law requires it to maintain a surety bond covering those MLOs. The DFI's registration takes a $100,000 bond. Ours is $600 flat, the price you see is the checkout price, and the bond issues the moment you pay. Any credit screen is a soft pull only — it never affects your score.
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Three steps. One sitting.
Exempt company registration 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 entire application — no financials, and any credit screen is a soft pull that never shows as a hard inquiry.
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
Indiana exempt company bonds are filed through NMLS for the DFI's review. Your executed bond arrives by email, ready to attach to your registration — wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
Some companies in the Indiana mortgage pipeline — including third-party loan processors — are exempt from the state's lender and broker licensing. But under IC 24-4.5-3-503.3 and the parallel first-lien provision, an exempt person that employs or sponsors a licensed mortgage loan originator must still maintain a surety bond, and the Department of Financial Institutions registers those companies through NMLS with a $100,000 bond on file.
It's a three-party arrangement: you (the principal), the surety carrier, and the DFI as obligee — for the benefit of the state and of Indiana residents who receive financial services. The bond provides coverage for the exempt company and for each licensed MLO it employs or sponsors, so your processors' originator licenses stay backed by one filing.
It is not insurance for you — if the surety pays a claim, you repay the surety. If the bond is terminated or drawn down by claims, the statute requires notice to the department and a replacement filing, so the bond has to stay continuously in force; we track the term and send renewal notices 60 and 30 days out.
You need this bond if you're
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 Indiana bonds.
Finish your exempt company registration today.
$600 flat, issued the moment you pay, soft pull only. Free until issued.