New WI manufactured home broker?
$250 flat.
Wisconsin sets a lower $25,000 security level for manufactured home brokers than for dealers. New brokers file the bond on form SBD-10679 with DSPS — ours is $250 flat, the price you see is the checkout price. A quick soft credit check may apply; the bond is issued when you pay.
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How much does a Wisconsin Manufactured Home Dealer Bond cost?
$250 at the $25,000 amount, the same for every applicant.
Three steps to licensed.
Your first DSPS broker license is waiting on this bond. Here is the entire process:
Apply once, online
Business details, owner information, effective date. First-time applicants leave the dealer number blank. The only extra step is a one-time consent to a soft credit pull.
Approved
Most are approved as soon as you apply. Any credit check that runs is a soft pull that never affects your score. If it needs a second look, one to two business days at most.
E-sign & file with DSPS
Pay online and receive the executed bond on form SBD-10679, ready to file with your new broker application. Wet-ink originals mailed whenever the state insists.
What it is and who needs it.
What the bond actually guarantees
A manufactured home broker arranges sales without taking title the way a dealer does, and Wisconsin sets a lower $25,000 security level for brokers under Wis. Admin. Code SPS 305.323 (§101.951). The bond is a consumer-protection guarantee standing behind your compliance with Wisconsin manufactured housing law.
It is a three-party arrangement: you (the principal), the surety carrier, and the State of Wisconsin together with harmed consumers. If a broker violates the law and a buyer is harmed, that buyer can recover against the bond — and if the surety pays, you repay the surety.
If you are actually licensing as a dealer rather than a broker, DSPS sets a higher $50,000 figure — we carry that one too. Confirm the amount on your DSPS application before issuing if you are unsure.
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 $25,000 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
E-sign & file with DSPS. Pay online and receive the executed bond on form SBD-10679, ready to file with your new broker application. Wet-ink originals mailed whenever the state insists.
What sets the price
The premium is fixed at $250 at the $25,000 amount for every applicant: the carrier’s rate book prices this bond by the form, not by your credit or your business profile.
One soft credit pull, never a hard inquiry, and it 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 underwriting fields. One soft credit pull, never a hard inquiry, and it never affects your score. First-time applicants leave the dealer number blank.
Start the application →Common questions.
Other Wisconsin motor vehicle dealer bonds.
Not sure this is the one your license calls for? These are the other motor vehicle dealer bonds we write in Wisconsin. Each has its own statute and bond amount.
Other Wisconsin bonds.
Been told you need a different amount?
Price and requirements checked on the carrier’s application, . Page updated .
Start your broker license today.
$250 flat, short application, bond issued when you pay. Free until issued.