New Mexico escrow company bonds.
From $1,000.
New Mexico licenses escrow companies through the Financial Institutions Division, and NMSA § 58-22-10 conditions the license on a surety bond of at least $100,000 running to the people of the state. The premium is 1% of the bond amount — at the $100,000 statutory floor, that is $1,000 a year.
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How much does a New Mexico escrow company bond cost?
1% of the bond amount, from $1,000 at the $100,000 minimum. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
No quote round-trip for the escrow company bond — enter your amount, pay, and file with the Financial Institutions Division. Here is the whole thing:
Apply online
Your company details, the bond amount, and an effective date — that is the application. No credit check up to $10,000.
Issued the moment you pay
This bond is checkout-priced at 1% of the bond amount, so the executed bond generates right after payment — no waiting on a quote.
File with the Financial Institutions Division
Your executed bond and power of attorney arrive by email, ready to file with the FID as part of your escrow company license application or renewal. Wet-ink original mailed on request.
What it is and who needs it.
What the escrow company bond guarantees
New Mexico regulates escrow companies under the Escrow Company Act, NMSA § 58-22-1 et seq. A company that holds documents, money, or property in escrow for New Mexico transactions is licensed by the Financial Institutions Division of the Regulation and Licensing Department, and NMSA § 58-22-10 requires it to obtain a surety bond in the minimum amount of $100,000.
The bond runs to the people of the State of New Mexico. It is a three-party arrangement: you (the principal), the surety carrier, and the state as obligee, with the parties to your escrows as the protected public. If an escrow company mishandles escrowed funds or violates the Act, a 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 be in a form acceptable to the director, stays on file in the director's office, and must remain active for the life of your license — 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 with the Financial Institutions Division. Your executed bond and power of attorney arrive by email, ready to file with the FID as part of your escrow company license application or renewal. Wet-ink original mailed on request.
What sets the price
The premium is 1% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.
No credit check up to $10,000. 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 — enter your bond amount and effective date, and the executed bond generates at checkout, ready to file with the FID.
Start the application →Common questions.
Other New Mexico bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Escrow company bond, issued today.
1% of the bond amount — $1,000 a year at the $100,000 statutory floor. Enter your amount, pay, and file with the FID the same day. Free until issued.