OR 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 running to the State of Oregon that covers each originator it employs. This filing is written at $50,000. Ours is $300 flat, the price you see is the checkout price, and the bond issues the moment you pay. Any credit screen is a soft pull only — it never affects your score.
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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 entire application — any credit screen is a soft pull that never shows as a hard inquiry.
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 licence, 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
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.
Other Oregon bonds.
Finish your exempt company registration today.
$300 flat, issued the moment you pay, soft pull only. Free until issued.