Indiana loan broker bonds.
$360 flat.
Indiana requires a loan broker to file a $60,000 surety bond with its license application, submitted through NMLS to the Secretary of State's Securities Division. Under IC 23-2.5-4-12 the bond covers the activities of the broker's principal manager and each mortgage loan originator it employs. Ours is $360 flat.
Trusted by industry leaders
How much does an Indiana loan broker bond cost?
$360 at the $60,000 amount, the same for every applicant.
Three steps. One sitting.
Loan 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 $360 flat, so it issues the moment you pay — your executed bond and power of attorney generate on the spot.
File through NMLS
Indiana loan broker bonds are filed through NMLS for the Securities Division's review. Your executed bond arrives by email, ready to attach to your license application — wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
Indiana licenses loan brokers — people who, for a fee, arrange or negotiate loans for others — through the Securities Division of the Secretary of State, with applications and bond filings handled through NMLS. Licensure requires a $60,000 surety bond in favor of the state.
It's a three-party arrangement: you (the principal), the surety carrier, and the State of Indiana (the obligee). The bond stands behind your compliance with the Indiana loan broker statutes — and under IC 23-2.5-4-12 it covers the activities of your principal manager and each mortgage loan originator you employ, so one bond backs the whole operation.
It is not insurance for you — if the surety pays a claim, you repay the surety. The bond has to stay continuously on file for the license to stay in good standing; 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 $60,000 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. Indiana loan broker bonds are filed through NMLS for the Securities Division's review. Your executed bond arrives by email, ready to attach to your license application — wet-ink original mailed on request.
What sets the price
The premium is fixed at $360 at the $60,000 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.
Indiana mortgage license bonds.
We write 5 mortgage license bonds in Indiana. Each license has its own bond, amount and price; pick the one your license calls for.
| License bond | Required by | Bond amount | Price |
|---|---|---|---|
| Loan Broker Bond ($60,000) (this page) | IC 23-2.5-4-12 | $60,000 | $360 |
| Exempt Company Registration Bond — CUSO ($100,000) | IC 24-4.4-2-402.3 | $100,000 | $600 |
| Exempt Company Registration Bond ($100,000) | IC 24-4.5-3-503.3 | $100,000 | $600 |
| Mortgage Lender Bond ($100,000) | IC 24-4.4-2-402.3 | $100,000 | $600 |
| Small Loan Lender Bond | IC 24-4.5-7-413 | Varies | From $100 |
Other Indiana 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 loan broker license today.
$360 flat, issued the moment you pay, no credit check. Free until issued.