Vermont lender license bonds.
From $300.
Vermont licenses lenders through the Department of Financial Regulation, and 8 V.S.A. § 2203 sets the bond by your loan volume — $50,000, $100,000, or $150,000. The premium is 0.6% of the bond amount, and the bond issues the moment you pay. No credit check up to $150,000.
Trusted by industry leaders
How much does a Vermont lender license bond cost?
0.6% of the bond amount, from $300 at the $50,000 minimum. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
The lender bond is a filing, not a negotiation. Here's the entire process:
Apply online
Business details, any trade names, the bond tier that matches your volume, an effective date, and a term. That is the application. No credit check up to $150,000.
Pay & e-sign
The premium is 0.6% of the bond amount, so your exact price is on screen before you pay — and the executed bond and power of attorney generate the moment you do.
File through NMLS
Vermont takes the lender bond electronically through NMLS. Your executed bond arrives by email and the electronic surety bond goes up for you to authorize on your NMLS Tasks tab.
What it is and who needs it.
What the bond actually guarantees
A Vermont lender license is the authority to make loans to Vermont borrowers, issued under 8 V.S.A. Chapter 73 by the Commissioner of Financial Regulation. Unlike the broker and loan solicitation licenses, it carries lending authority — and the statute scales the bond with how much you lend.
Section 2203 sets three tiers: $50,000 for $0 to $1 million in loans, $100,000 above $1 million to $15 million, and $150,000 at $15 million or more. The bond runs to the State for the use of the State and of any person who may have a cause of action against you, conditioned on faithfully conforming to the chapter and paying the monies due under its terms.
It is not insurance for you — if the surety pays a claim, you repay the surety. Crossing a volume threshold moves you into the next tier, so the filed amount has to keep up; we track your term and send renewal notices 60 and 30 days out.
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. Vermont takes the lender bond electronically through NMLS. Your executed bond arrives by email and the electronic surety bond goes up for you to authorize on your NMLS Tasks tab.
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 $150,000.
One application, issued instantly.
These are the actual issuing fields — business details, trade names, the bond amount for your tier, an effective date, and a term. That is the application.
Start the application →Common questions.
Other Vermont bonds.
Price and requirements checked on the carrier’s application, .
Finish your lender license filing today.
0.6% of the bond amount, issued the moment you pay. Free until issued.