Who needs a Minnesota mortgage loan originator bond?

Independent MLOs not covered by a sponsoring company's bond. Required in a subset of states; check state-by-state requirements before filing.

Who regulates mortgage loan originator bonds in Minnesota?

Minnesota Department of Commerce oversees mortgage requirements in Minnesota, including the bond filing.

Renews annually alongside the underlying license.

Submit MLO NMLS ID and state Receive an instant quote in most states ESB signed in NMLS by the surety

Minnesota Mortgage Loan Originator bond

Minnesota requires a $10,000 mortgage loan originator bond.

How much is a mortgage loan originator bond in Minnesota?: Minnesota requires a $10,000 mortgage loan originator bond.
Who needs a Minnesota mortgage loan originator bond?: Independent MLOs not covered by a sponsoring company's bond. Required in a subset of states; check state-by-state requirements before filing.
Who regulates mortgage loan originator bonds in Minnesota?: Minnesota Department of Commerce oversees mortgage requirements in Minnesota, including the bond filing.
How do renewals work?: Renews annually alongside the underlying license.
How do I get bonded?: Submit MLO NMLS ID and state Receive an instant quote in most states ESB signed in NMLS by the surety

Regulator: Minnesota Department of Commerce

Get your Minnesota mortgage loan originator bond quoted by the Cornerstone Surety team.