Missouri mortgage company license bonds.
From $100.
Also known as the Missouri mortgage broker bond.
Missouri requires a mortgage company, licensed as a residential mortgage loan broker, to deliver a surety bond to the Division of Finance before a license is issued or renewed, under RSMo 443.849. The director sets your penal sum based on loan volume. The premium is 0.6% of the bond amount, $100 minimum.
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How much does a Missouri mortgage company license 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 to NMLS. Here is the whole thing:
Apply online
Business details, the bond amount your license requires, and an effective date. That is the application. No credit check up to $250,000.
Pay & e-sign
Pricing is 0.6% of the bond amount with a $100 minimum, computed before you pay — the bond issues the moment you pay, with the executed bond and power of attorney generated on the spot.
File through NMLS
Missouri accepts electronic surety bonds through NMLS — deliver the bond to satisfy RSMo 443.849 with your company license. Wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
Missouri licenses mortgage companies as residential mortgage loan brokers under sections 443.701–443.893 RSMo, administered by the Division of Finance through NMLS. RSMo 443.849 requires each licensee to deliver a surety bond to the director before the license is issued or renewed — and to maintain a penal sum that reflects the dollar amount of loans it originates, as determined by the director.
The bond secures the faithful performance of the licensee and its employees and agents — including its mortgage loan originators — in originating, servicing, and acquiring residential mortgage loans. It exists for the protection of borrowers: the director may make a claim on the bond on behalf of any borrower injured by a licensee’s violation of the mortgage licensing law.
It is not insurance for you — if the surety pays a claim, you repay the surety. The bond must stay in force for the license to renew; 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. Missouri accepts electronic surety bonds through NMLS — deliver the bond to satisfy RSMo 443.849 with your company license. 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, and an effective date. That is the application.
Start the application →Common questions.
Other Missouri bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Mortgage license bond, issued today.
0.6% of the bond amount, $100 minimum, issued the moment you pay. Free until issued.