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Montana Mortgage Banker bond

Montana Mortgage Banker

Montana requires a $10,000 mortgage banker bond.

Montana Mortgage Banker bond, answered

How much is a mortgage banker bond in Montana?
Montana requires a $10,000 mortgage banker bond.
Who needs a Montana 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 Montana?
Montana Division of Banking and Financial Institutions oversees mortgage requirements in Montana, 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: Montana Division of Banking and Financial Institutions

Bond placement runs on Cornerstone Surety

Get your Montana mortgage banker bond quoted by the Cornerstone Surety team.

Quote at Cornerstone Surety

Or call us: 770-587-4595