Louisiana loan broker bonds.
$250 flat.
Louisiana requires every loan broker, except one employed by a corporation holding a valid loan broker's license, to maintain a $25,000 surety bond in favor of the state under La. R.S. 9:3572.8, with a copy posted conspicuously wherever payments are received. Ours is $250 flat.
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How much does a Louisiana loan broker bond cost?
$250 at the $25,000 amount, the same for every applicant.
Three steps. One sitting.
Loan broker bonds are among the simplest filings in surety. Here's the entire process:
Apply online
Business details, your parish, an effective date, and a term. That is the 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 $250 flat, so it issues the moment you pay — your executed bond and power of attorney generate on the spot.
File and post it
Your executed bond arrives by email, ready for your Office of Financial Institutions loan broker filing — with a copy posted conspicuously at each location where payments are received. Wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
Louisiana's loan broker law makes financial responsibility a condition of doing business: every loan broker — unless employed by a corporation that already holds a valid loan broker's license — must obtain a $25,000 surety bond from a carrier authorized in Louisiana, or establish a $25,000 trust account at a federally insured institution in the state. A copy must be conspicuously posted at any business location near where payments are received.
It's a three-party arrangement: you (the principal), the surety carrier, and the State of Louisiana (the obligee), with your borrowers as the protected parties. If the broker breaches a contract, an obligation arising from it, or violates the law, the harmed person can recover actual damages against the bond — up to the $25,000 limit.
It is not insurance for you — if the surety pays a claim, you repay the surety. Posting an expired or non-conforming bond is itself prohibited, so coverage has to stay continuous; 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 $25,000 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 and post it. Your executed bond arrives by email, ready for your Office of Financial Institutions loan broker filing — with a copy posted conspicuously at each location where payments are received. Wet-ink original mailed on request.
What sets the price
The premium is fixed at $250 at the $25,000 amount for every applicant: the carrier’s rate book prices this bond by the form, not by your credit or your business profile.
One soft credit pull, never a hard inquiry, and it 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 — business details, your parish, an effective date, and a term. That is the application.
Start the application →Common questions.
Louisiana mortgage license bonds.
We write 4 mortgage license bonds in Louisiana. 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 ($25,000) (this page) | La. R.S. 9:3572.8 | $25,000 | $250 |
| Residential Mortgage Lender Bond ($25,000) — NMLS | La. R.S. 6:1088 | $25,000 | $150 |
| Residential Mortgage Lender Bond ($50,000) — NMLS | La. R.S. 6:1088 | $50,000 | $300 |
| Residential Mortgage Loan Originator Bond ($25,000) | La. R.S. 6:1088 | $25,000 | $150 |
Other Louisiana bonds.
Been told you need a different amount?
Price and requirements checked on the carrier’s application, . Page updated .
Get your loan broker bond posted today.
$250 flat, issued the moment you pay, soft pull only. Free until issued.