Bond cost index
Mortgage Loan Originator Bond Cost
Mortgage loan originator (MLO) bonds are individual ESBs required of independent MLOs in states that require coverage at the individual licensee level.
How much does a mortgage loan originator bond cost?
A mortgage loan originator 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.