Maine supervised lender bonds.
From $100.
Looking for the Maine loan broker bond?
Maine licenses supervised lenders through NMLS with the Bureau of Consumer Credit Protection. Under 9-A M.R.S. §2-302, the license application must include a surety bond satisfactory to the administrator, in an amount up to $50,000, running to the State. The premium is 0.6% of the bond amount, $100 minimum.
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How much does a Maine supervised lender bond cost?
0.6% of the bond amount, from $100. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
No underwriting queue — enter your amount, pay, and file through NMLS. Here is the whole thing:
Apply online
Business details, the bond amount your license requires, an effective date, and a term. That is the application. No credit check up to $250,000. Above that, the carrier may run a soft pull, which never affects your score.
Pay & e-sign
This bond is checkout-priced at 0.6% of the bond amount ($100 minimum), 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 file with your supervised lender license through NMLS with the Bureau of Consumer Credit Protection. Wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
Maine's Consumer Credit Code requires a license to make or service supervised loans — consumer loans with an APR above the statutory threshold. The Bureau of Consumer Credit Protection issues those licenses through NMLS, and 9-A M.R.S. §2-302 requires each application to be accompanied by a surety bond satisfactory to the administrator, in an amount not to exceed $50,000, running to the State for the benefit of anyone with a cause of action against the lender.
It's a three-party arrangement: you (the principal), the surety carrier, and the State of Maine (the obligee). The bond stands behind your faithful compliance with the Consumer Credit Code and the administrator's rules — the rate, disclosure, and conduct protections that cover Maine borrowers.
It is not insurance for you — if the surety pays a claim, you repay the surety. The bond's term runs concurrent with the license period, so it has to stay continuously on file; we track the term and send renewal notices 60 and 30 days out. Maine now receives these as electronic surety bonds through NMLS.
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 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.
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 file with your supervised lender license through NMLS with the Bureau of Consumer Credit Protection. Wet-ink original mailed on request.
What sets the price
The premium is 0.6% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.
No credit check up to $250,000. Above that, the carrier may run a soft pull, which 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 bond amount, an effective date, and a term. That is the application.
Start the application →Common questions.
Other Maine bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Finish your supervised lender license today.
0.6% of the bond amount, $100 minimum, issued the moment you pay. Free until issued.