Utah loan originator entity bonds.
From $100.
A Utah business entity can bond the mortgage loan originators who work exclusively for it instead of making each one buy an individual bond. Utah Admin. Code R343-5-3 sizes the entity bond to the company’s annual origination volume: $25,000, $50,000, or $100,000. The premium is 0.6% of the bond amount, $100 minimum.
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How much does a Utah loan originator entity bond cost?
0.6% of the bond amount, from $100. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
One entity bond replaces a stack of individual filings — enter your tier, pay, and attach it to the company NMLS record:
Apply online
Company details, your Utah place of business and county, the bond amount your volume tier calls for, an effective date, and a term.
Pay & e-sign
The bond issues the moment you pay — executed bond and power of attorney on the spot. No credit check up to $100,000.
File through NMLS
Your executed bond arrives by email, ready to attach to the company filing with the Department of Financial Institutions. Wet-ink original mailed on request.
What it is and who needs it.
What the entity bond actually guarantees
Utah licenses mortgage loan originators at depository institutions and their subsidiaries through the Department of Financial Institutions under Title 70D, and Section 70D-3-205 conditions each license on a surety bond that meets the minimums set by rule. The department wrote two paths into that rule: an individual bond under R343-5-2, or a single business entity bond under R343-5-3.
The entity bond covers the activities of the licensed mortgage loan originators acting on the company’s behalf, and it is sized to the entity’s annual origination volume: up to $10 million takes a $25,000 bond; $10 to $30 million takes $50,000; over $30 million takes $100,000. Only originators who work exclusively for the entity can be covered by it.
Like the individual bond, it stands behind the expenses the state may incur in an administrative or judicial proceeding relating to Utah mortgage lending activity. It is not insurance for the company — if the surety pays, the company repays the surety. Confirm your volume tier with the department before you file, and re-check it each year as production moves.
You need this bond if you are
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; 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, ready to attach to the company filing with the Department of Financial Institutions. 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 $100,000. 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, your Utah place of business and county, the bond amount, and a term.
Start the application →Common questions.
Utah mortgage license bonds.
We write 2 mortgage license bonds in Utah. Each license has its own bond, amount and price; pick the one your license calls for.
| License bond | Required by | Bond amount | Price |
|---|---|---|---|
| Mortgage Loan Originator Bond (Business Entity) (this page) | Utah Admin. Code R343-5-3 (under Utah Code § 70D-3-205) | Varies | From $100 |
| Mortgage Loan Originator Bond (Individual) | Utah Code § 70D-3-205 · Utah Admin. Code R343-5-2 | Varies | From $100 |
Other Utah bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Bond your originators with one filing.
0.6% of the bond amount, $100 minimum, issued the moment you pay. Free until issued.