UT escrow agency bonds.
From $100. Enter your amount.

Before furnishing any escrow services, a Utah independent escrow agent files a surety bond with the commissioner of the Department of Financial Institutions. Utah Code § 7-22-105 sets the minimum on a schedule tied to your monthly average escrow liability — $10,000 at the bottom, $50,000 at the top. The premium is 1% of the bond amount, $100 minimum, your exact price appears at the application, 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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Required before furnishing any escrow services — Utah Code § 7-22-105(1)

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Amount set by monthly average escrow liability — $10,000 up to $50,000 on the statutory schedule

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1% of the bond amount, $100 minimum — exact price at the application, issued the moment you pay

1% rate$100 minimumExactprice at the applicationInstantissuance at checkout

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How it works

Apply to filed in one sitting.

No quote round-trip on the escrow agency bond — enter your amount, pay, and file with the commissioner. Here is the whole thing:

TODAY · ONLINE

Apply online

Your business details, the bond amount your escrow liability schedule calls for, an effective date, and a term. That is the entire application.

INSTANTLY

Pay & e-sign

The bond issues the moment you pay — your executed bond and power of attorney generate on the spot. Any credit screen is a soft pull that never shows as a hard inquiry.

SAME DAY

File with the commissioner

Your executed bond arrives by email, ready to file with the Department of Financial Institutions through NMLS. Wet-ink original mailed on request.

About this bond

What it is and who needs it.

What the escrow bond actually guarantees

Utah licenses independent escrow agents through the Department of Financial Institutions under Title 7, Chapter 22 of the Utah Code. Section 7-22-105 is blunt about the timing: before furnishing any escrow services, each escrow agent files a surety bond with the commissioner, on a schedule keyed to monthly average escrow liability.

The schedule runs in five steps — up to $10,000 of monthly average escrow liability requires a $10,000 bond; $10,001 to $20,000 requires $20,000; $20,001 to $30,000 requires $30,000; $30,001 to $40,000 requires $40,000; and above $40,000 requires $50,000. Total aggregate liability on the bond, including legal fees and other costs, can never exceed the bond amount.

The statute names the beneficiaries in order: the state first, for costs and charges connected with an escrow agent's insolvency or default — including examination and receivership costs — and then, once the state's claims are paid in full, any person with a claim based on a default or violation of the agent's duties. It is not insurance for you: if the surety pays, you repay the surety. An applicant may instead deposit assets with, or provide a letter of credit to, the commissioner in the amount of the minimum bond.

Utah Code § 7-22-105Section 7-22-105 (Bond required) provides that before furnishing any escrow services, each escrow agent shall file with the commissioner a surety bond on a schedule tied to monthly average escrow liability: up to $10,000 requires $10,000; $10,001 to $20,000 requires $20,000; $20,001 to $30,000 requires $30,000; $30,001 to $40,000 requires $40,000; above $40,000 requires $50,000. The bond names this state as beneficiary for costs and charges incurred in connection with an escrow agent's insolvency or default, and thereafter any person with a claim against the surety based on a default or violation of the agent's duties. Aggregate liability may not exceed the bond amount, and an applicant may deposit assets or provide a letter of credit in lieu of the bond.

You need this bond if you're

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Applying for an independent escrow agent license with the Utah Department of Financial Institutions

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Renewing through NMLS — the bond has to stay on file with the commissioner

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Crossing a schedule step — a higher monthly average escrow liability means a higher minimum bond

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Replacing a cancelled bond or the letter of credit you posted in lieu of one

One application, issued instantly.

These are the actual issuing fields — business details, the bond amount your schedule calls for, an effective date, and a term.

Start the application →

FAQ

Common questions.

How much is the Utah escrow agency bond?The premium is 1% of the bond amount, $100 minimum. The bond amount itself comes from the § 7-22-105 schedule — $10,000 up to $50,000, depending on your monthly average escrow liability. Your exact price appears at the application, before you pay.

Which bond amount do I file?Match your monthly average escrow liability to the statutory schedule: up to $10,000 requires a $10,000 bond, $10,001 to $20,000 requires $20,000, $20,001 to $30,000 requires $30,000, $30,001 to $40,000 requires $40,000, and above $40,000 requires $50,000.

Who is the obligee?You file the bond with the commissioner of the Utah Department of Financial Institutions. The statute names the state as the first beneficiary, for costs and charges tied to an escrow agent's insolvency or default, and then any person with a claim once the state has been paid in full.

Can I post something instead of a bond?Yes. Subsection (4) of § 7-22-105 lets an applicant deposit assets with, or provide a letter of credit to, the commissioner in the amount of the minimum surety bond, on the same conditions. Most agents would rather buy the bond than tie up the cash.

Is there a credit check?If a credit screen runs on this bond, it is a soft pull only — never a hard inquiry, and it never affects your score. The rate stays 1% of the bond amount, $100 minimum, either way.

Related bonds

Other Utah bonds.

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1% of the bond amount, $100 minimum, issued the moment you pay. Free until issued.

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