Oregon mortgage servicer bonds.
From $100.
Oregon licenses mortgage servicers through the Division of Financial Regulation, and OAR 441-890-0035 requires a corporate surety bond or an irrevocable letter of credit sized to the unpaid principal balance of the Oregon residential mortgage loans you service, from $50,000 to $200,000. The premium is 0.6% of the bond amount, $100 minimum.
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How much does an Oregon mortgage servicer 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 underwriting queue for a standard mortgage servicer bond — enter your tier amount, pay, and upload through NMLS. Here is the whole thing:
Apply online
Company details, the bond amount your servicing tier calls for, an effective date, and a term. That is the application. No credit check up to $250,000. Above that, the carrier may run a soft pull, which never affects your score.
Pay & e-sign
Your exact premium is on the page before you pay, so the bond issues the moment you pay — the 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. The rule wants the filing in by December 1 for the following year. Wet-ink original mailed on request.
What it is and who needs it.
What the mortgage servicer bond covers
Oregon licenses mortgage servicers through the Division of Financial Regulation at the Department of Consumer and Business Services, with the licensing rules in OAR chapter 441, division 890. OAR 441-890-0035 — Corporate Surety Bond or Irrevocable Letter of Credit for Mortgage Servicers — is the security requirement that rides with the license.
The amount is calculated on the total unpaid principal balance of residential mortgage loans in Oregon you service, measured as of the last day of the second quarter each year (the most recently completed quarter for a new application): $50,000 under $10 million, $75,000 from $10 million, $100,000 from $25 million, $150,000 from $50 million, and $200,000 at $100 million or more.
The bond is renewed or replaced each calendar year and delivered to the director by filing in NMLS by December 1, effective as of December 31. It is not insurance for you — if the surety pays a claim, you repay the surety. We track the term and send renewal notices 60 and 30 days out so the December filing never sneaks up on you.
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. Your executed bond arrives by email and the carrier posts it as your electronic surety bond in NMLS. The rule wants the filing in by December 1 for the following year. 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 — company details, the bond amount, an effective date, and a term. That is the 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) | ORS 86A.227 | $50,000 | $300 |
| Mortgage Lender Bond | ORS 86A.227 | Varies | From $100 |
| Mortgage Servicer Bond (this page) | OAR 441-890-0035 | Varies | From $100 |
Other Oregon bonds.
The same bond in nearby states.
Price and requirements checked on the carrier’s application, . Page updated .
Mortgage servicer bond, filed today.
0.6% of the bond amount, $100 minimum, issued the moment you pay. Free until issued.