Maryland exempt company registration bonds.
From $100.
A company exempt from Maryland mortgage-lender licensing must still bond its licensed mortgage loan originators under Md. Code, Fin. Inst. § 11-619. It registers with the Office of Financial Regulation through NMLS and posts a bond at the § 11-508 volume-based amounts. The premium is 0.6% of the bond amount, $100 minimum.
Trusted by industry leaders
How much does a Maryland exempt company registration 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 quote queue — enter your amount, pay, and upload the bond to NMLS. Here is the whole thing:
Apply online
Company details, the bond amount, an effective date, and a term. That is the application. No credit check up to $150,000.
Pay & e-sign
The premium is 0.6% of the bond amount ($100 minimum), computed on the spot — the bond issues the moment you pay, with your executed bond and power of attorney generated instantly.
File through NMLS
Upload the executed bond to your NMLS registration record for the Maryland Office of Financial Regulation. Wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
Maryland's SAFE Act implementation, Fin. Inst. Title 11, Subtitle 6, requires every licensed mortgage loan originator to be covered by a surety bond. Under § 11-619, an originator employed by a company subject to the Mortgage Lender Law may rely on that company's bond — and a company exempt from mortgage-lender licensing (a bank affiliate or other exempt person) registers with the Office of Financial Regulation and posts its own bond so its sponsored originators are covered.
The bond follows the § 11-508 volume-based amounts that apply to licensed mortgage lenders, and it runs to the Commissioner of Financial Regulation for the benefit of the State and borrowers harmed by a violation of Maryland's mortgage lending laws.
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 as long as you sponsor Maryland-licensed originators; 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 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. Upload the executed bond to your NMLS registration record for the Maryland Office of Financial Regulation. 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 $150,000. 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.
Submit the application with the bond amount your registration requires — the executed bond is generated the moment you pay, ready to file.
Start the application →Common questions.
Maryland mortgage license bonds.
We write 2 mortgage license bonds in Maryland. Each license has its own bond, amount and price; pick the one your license calls for.
| License bond | Required by | Bond amount | Price |
|---|---|---|---|
| Mortgage Lender Bond | Md. Code, Fin. Inst. § 11-508 | $50,000 or more | From $300 |
| Mortgage Lender Exempt Company Bond (this page) | Md. Code, Fin. Inst. § 11-619 & § 11-508 | Varies | From $100 |
Other Maryland bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Cover your originators today.
0.6% of the bond amount, $100 minimum, issued the moment you pay. Free until issued.