UT loan originator entity bonds.
From $100. Enter your amount.

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, your exact price appears at the application, and the bond issues the moment you pay. The credit consent on this application authorizes a soft inquiry only — it never affects your score.

✓

Covers every originator working exclusively for the entity — Utah Admin. Code R343-5-3

✓

Amount set by entity origination volume — $25,000 up to $10M, $50,000 to $30M, $100,000 above that

✓

0.6% of the bond amount, $100 minimum — exact price at the application, issued the moment you pay

0.6% rate$100 minimumExactprice at the applicationInstantissuance at checkout

Trusted by industry leaders

How it works

Apply to filed in one sitting.

One entity bond replaces a stack of individual filings — enter your tier, pay, and attach it to the company NMLS record:

TODAY · ONLINE

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.

INSTANTLY

Pay & e-sign

The bond issues the moment you pay — executed bond and power of attorney on the spot. The credit consent on this application authorizes a soft inquiry that never affects your score.

SAME DAY

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.

About this bond

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.

Utah Admin. Code R343-5-3 (under Utah Code § 70D-3-205)R343-5-3 (Business Entity Surety Bond Requirements) lets a business entity provide bond coverage for the licensed mortgage loan originators who work exclusively for it, in place of individual bonds under R343-5-2. The required amount follows the entity’s annual origination volume: up to $10 million requires $25,000; $10 to $30 million requires $50,000; over $30 million requires $100,000. The rule is issued under Section 70D-3-205, which conditions licensure under the Financial Institution Loan Originator Licensing Act on a surety bond meeting the minimum bonding requirements required by rule. Confirm your tier with the Department of Financial Institutions before filing.

You need this bond if you are

✓

A licensed mortgage entity bonding the originators who work exclusively for you

✓

Renewing the company filing — the entity bond has to stay in force for the license period

✓

Crossing a volume tier — prior-year production can move you from $25,000 to $50,000 or $100,000

✓

Consolidating individual bonds your originators are carrying separately today

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 →

FAQ

Common questions.

How much is the Utah MLO business entity bond?The premium is 0.6% of the bond amount, $100 minimum. The bond amount comes from R343-5-3 — $25,000, $50,000, or $100,000, depending on the entity’s annual origination volume. Your exact price appears at the application, before you pay.

Which bond amount applies to my company?It follows the entity’s annual origination volume: up to $10 million requires a $25,000 bond, $10 to $30 million requires $50,000, and over $30 million requires $100,000.

Does this replace the individual originator bonds?For originators who work exclusively for the entity, yes — that is what R343-5-3 is for. An originator who also produces elsewhere is not covered by it and needs an individual bond under R343-5-2, sized to personal volume.

Is there a credit check?This application carries a credit consent, and the pull is a soft inquiry — never a hard inquiry, and it never affects anyone’s score. The rate stays 0.6% of the bond amount, $100 minimum, either way.

Where do I file it?With the Utah Department of Financial Institutions, through the company NMLS record. Your executed bond and power of attorney arrive by email ready to upload, and the department may also ask for the original by mail.

Related bonds

Other Utah bonds.

Bond your originators with one filing.

0.6% of the bond amount, $100 minimum, issued the moment you pay. Free until issued.

Start application

Your premiumfrom $100

Apply now →