Louisiana mortgage loan originator bonds.
$150 flat.
Louisiana licenses mortgage loan originators through the Office of Financial Institutions via NMLS, and La. R.S. 6:1088 requires each licensed originator to be covered by a surety bond: your employer's, or your own $25,000 bond if no company bond covers you. Ours is $150 flat.
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How much does a Louisiana mortgage loan originator bond cost?
$150 at the $25,000 amount, the same for every applicant.
Three steps. One sitting.
Loan originator licensing bonds are among the simplest filings in surety. Here's the entire process:
Apply online
Your details, an effective date, and a term. That is the application. No credit check.
Pay & e-sign
This bond is checkout-priced at $150 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 submit with your Louisiana mortgage loan originator license filing naming the Office of Financial Institutions. Wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
Under Louisiana's Secure and Fair Enforcement of Mortgage Licensing Act of 2009, a licensed mortgage loan originator must be covered by a surety bond at all times their license is active. An originator employed by — or an exclusive agent of — a bonded mortgage lender, broker, or servicer can rely on the employer's bond; everyone else files their own $25,000 bond with the Office of Financial Institutions through NMLS.
It's a three-party arrangement: you (the principal), the surety carrier, and the Office of Financial Institutions (the obligee), with Louisiana borrowers as the protected parties. The bond stands behind your compliance with the residential mortgage lending laws — if a violation causes damage or loss, the harmed party can recover against the bond.
It is not insurance for you — if the surety pays a claim, you repay the surety. The bond must stay in force while your license is active (an inactive-status originator can let it rest until reactivating); 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 through NMLS. Your executed bond arrives by email, ready to submit with your Louisiana mortgage loan originator license filing naming the Office of Financial Institutions. Wet-ink original mailed on request.
What sets the price
The premium is fixed at $150 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.
No credit check.
One application, issued instantly.
These are the actual issuing fields — your details, an effective date, and a term. That is the entire 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) | 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) (this page) | 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 .
Finish your NMLS originator filing today.
$150 flat, issued the moment you pay, no credit check. Free until issued.