Bond cost index
Mortgage Broker Bond Cost
Mortgage broker bonds (NMLS ESB) cover companies that arrange residential mortgage financing without lending their own funds.
How much does a mortgage broker bond cost?
A mortgage broker bond amount typically ranges from $10,000 to $50,000 depending on the state. Premium runs about 1% to 15% of the bond amount per year, set by underwriting based on credit and financials. Standard credit lands near the low end.
Data as of 2026-06-17. Methodology v1.
Bond amount and premium by state
| State | Bond amount | Premium rate band | Estimated annual premium |
|---|---|---|---|
| Alabama | $10,000 | 1% to 15% | $100 to $1,500/yr |
| Alaska | $10,000 | 1% to 15% | $100 to $1,500/yr |
| Arizona | $10,000 | 1% to 15% | $100 to $1,500/yr |
| Arkansas | $10,000 | 1% to 15% | $100 to $1,500/yr |
| California | $50,000 | 1% to 15% | $500 to $7,500/yr |
| Colorado | $10,000 | 1% to 15% | $100 to $1,500/yr |
| Connecticut | $25,000 | 1% to 15% | $250 to $3,750/yr |
| Delaware | $10,000 | 1% to 15% | $100 to $1,500/yr |
| District of Columbia | $10,000 | 1% to 15% | $100 to $1,500/yr |
| Florida | $50,000 | 1% to 15% | $500 to $7,500/yr |
| Georgia | $10,000 | 1% to 15% | $100 to $1,500/yr |
| Hawaii | $10,000 | 1% to 15% | $100 to $1,500/yr |
| Idaho | $10,000 | 1% to 15% | $100 to $1,500/yr |
| Illinois | $50,000 | 1% to 15% | $500 to $7,500/yr |
| Indiana | $10,000 | 1% to 15% | $100 to $1,500/yr |
| Iowa | $10,000 | 1% to 15% | $100 to $1,500/yr |
| Kansas | $10,000 | 1% to 15% | $100 to $1,500/yr |
| Kentucky | $10,000 | 1% to 15% | $100 to $1,500/yr |
| Louisiana | $10,000 | 1% to 15% | $100 to $1,500/yr |
| Maine | $10,000 | 1% to 15% | $100 to $1,500/yr |
| Maryland | $10,000 | 1% to 15% | $100 to $1,500/yr |
| Massachusetts | $25,000 | 1% to 15% | $250 to $3,750/yr |
| Michigan | $10,000 | 1% to 15% | $100 to $1,500/yr |
| Minnesota | $10,000 | 1% to 15% | $100 to $1,500/yr |
| Mississippi | $10,000 | 1% to 15% | $100 to $1,500/yr |
| Missouri | $10,000 | 1% to 15% | $100 to $1,500/yr |
| Montana | $10,000 | 1% to 15% | $100 to $1,500/yr |
| Nebraska | $10,000 | 1% to 15% | $100 to $1,500/yr |
| Nevada | $25,000 | 1% to 15% | $250 to $3,750/yr |
| New Hampshire | $10,000 | 1% to 15% | $100 to $1,500/yr |
| New Jersey | $10,000 | 1% to 15% | $100 to $1,500/yr |
| New Mexico | $10,000 | 1% to 15% | $100 to $1,500/yr |
| New York | $50,000 | 1% to 15% | $500 to $7,500/yr |
| North Carolina | $10,000 | 1% to 15% | $100 to $1,500/yr |
| North Dakota | $10,000 | 1% to 15% | $100 to $1,500/yr |
| Ohio | $25,000 | 1% to 15% | $250 to $3,750/yr |
| Oklahoma | $10,000 | 1% to 15% | $100 to $1,500/yr |
| Oregon | $10,000 | 1% to 15% | $100 to $1,500/yr |
| Pennsylvania | $10,000 | 1% to 15% | $100 to $1,500/yr |
| Puerto Rico | $10,000 | 1% to 15% | $100 to $1,500/yr |
| Rhode Island | $10,000 | 1% to 15% | $100 to $1,500/yr |
| South Carolina | $10,000 | 1% to 15% | $100 to $1,500/yr |
| South Dakota | $10,000 | 1% to 15% | $100 to $1,500/yr |
| Tennessee | $10,000 | 1% to 15% | $100 to $1,500/yr |
| Texas | $50,000 | 1% to 15% | $500 to $7,500/yr |
| Utah | $10,000 | 1% to 15% | $100 to $1,500/yr |
| Vermont | $10,000 | 1% to 15% | $100 to $1,500/yr |
| Virginia | $10,000 | 1% to 15% | $100 to $1,500/yr |
| Washington | $10,000 | 1% to 15% | $100 to $1,500/yr |
| West Virginia | $10,000 | 1% to 15% | $100 to $1,500/yr |
| Wisconsin | $10,000 | 1% to 15% | $100 to $1,500/yr |
| Wyoming | $10,000 | 1% to 15% | $100 to $1,500/yr |
These are estimated ranges, not quotes. Final premium is set by underwriting and depends on the bond amount, your credit and financials, the bond class, and the obligee. A firm number takes a short application.