Who needs a South Dakota 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 South Dakota?

South Dakota Division of Banking oversees mortgage requirements in South Dakota, 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

South Dakota Mortgage Loan Originator bond

South Dakota requires a $10,000 mortgage loan originator bond.

How much is a mortgage loan originator bond in South Dakota?: South Dakota requires a $10,000 mortgage loan originator bond.
Who needs a South Dakota 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 South Dakota?: South Dakota Division of Banking oversees mortgage requirements in South Dakota, 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: South Dakota Division of Banking

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