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Oklahoma Mortgage Banker bond

Oklahoma Mortgage Banker

Oklahoma requires a $10,000 mortgage banker bond.

Oklahoma Mortgage Banker bond, answered

How much is a mortgage banker bond in Oklahoma?
Oklahoma requires a $10,000 mortgage banker bond.
Who needs a Oklahoma mortgage banker bond?
Licensed mortgage bankers in every state that participates in NMLS ESB (most do). Required at initial licensing and at every annual renewal.
Who regulates mortgage banker bonds in Oklahoma?
Oklahoma Department of Consumer Credit oversees mortgage requirements in Oklahoma, including the bond filing.
How do renewals work?
Renews annually alongside the underlying license.
How do I get bonded?
Provide NMLS ID and target state list Receive a per-state quote within one business day Bond signed in NMLS by surety; you file electronically at renewal

What you will need

  • NMLS Unique Identifier for the company
  • State of licensure and current origination volume
  • Company financials, owner personal credit

How to get bonded

  1. Provide NMLS ID and target state list
  2. Receive a per-state quote within one business day
  3. Bond signed in NMLS by surety; you file electronically at renewal

Regulator: Oklahoma Department of Consumer Credit

Quote your Oklahoma Mortgage Banker bond

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