Oregon exempt company bonds.
$300 flat.
A company that claims an exemption from Oregon mortgage lender licensing but still sponsors mortgage loan originators registers with the Division of Financial Regulation in NMLS, and ORS 86A.227 requires a corporate surety bond covering each originator it employs. This filing is a $50,000 bond. Ours is $300 flat.
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How much does an Oregon exempt company bond cost?
$300 at the $50,000 amount, the same for every applicant.
Three steps. One sitting.
Registration bonds are among the simplest filings in surety. Here is the entire process:
Apply online
Company details, an effective date, and a term. That is the application. No credit check.
Pay & e-sign
This bond is checkout-priced at $300 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 and the carrier posts it as your electronic surety bond in NMLS, attached to your Oregon exempt company registration. Wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
Oregon's mortgage lending law is ORS chapter 86A, administered by the Division of Financial Regulation. Some entities are exempt from holding a mortgage banker or mortgage broker license, but the exemption does not reach the originators they sponsor: those companies take an exempt company registration in NMLS so their mortgage loan originators can be licensed under ORS 86A.203.
ORS 86A.227 is what puts a bond behind that registration. A person that employs a mortgage loan originator must file with the Director of the Department of Consumer and Business Services a corporate surety bond that runs to the State of Oregon and covers each originator the person employs, written by a corporate surety or an insured institution authorized to transact business in Oregon. This filing is written at $50,000.
A right of action against the bond exists to the same extent as under ORS 86A.151. It is not insurance for you — if the surety pays a claim, you repay the surety. The bond is renewed or replaced each calendar year and has to stay on file for as long as you sponsor Oregon 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 $50,000 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 and the carrier posts it as your electronic surety bond in NMLS, attached to your Oregon exempt company registration. Wet-ink original mailed on request.
What sets the price
The premium is fixed at $300 at the $50,000 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 — company details, an effective date, and a term. That is the entire application.
Start the application →Common questions.
Oregon mortgage license bonds.
We write 3 mortgage license bonds in Oregon. Each license has its own bond, amount and price; pick the one your license calls for.
| License bond | Required by | Bond amount | Price |
|---|---|---|---|
| Exempt Company Registration Bond ($50,000) (this page) | ORS 86A.227 | $50,000 | $300 |
| Mortgage Lender Bond | ORS 86A.227 | Varies | From $100 |
| Mortgage Servicer Bond | OAR 441-890-0035 | Varies | From $100 |
Other Oregon bonds.
The same bond in nearby states.
Been told you need a different amount?
Price and requirements checked on the carrier’s application, . Page updated .
Finish your exempt company registration today.
$300 flat, issued the moment you pay, no credit check. Free until issued.