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California Residential Mortgage Lending Act (RMLA) Bond

California mortgage lender bonds are required for those that have RMLA licenses. The minimum bond requirement for a residential mortgage lender bond (RMLA) is $50,000 and regulated by the state of California, but can be higher depending on volume.

The NNA has secured premiums of $6 per $1,000 in liability amount for California mortgage lenders to obtain this bond. No credit check or financials needed up to $1M in aggregate bonds.

RMLA Cost Table

Liability Amount Premium Cost per year
$50,000 $300
$100,000 $600
$200,000 $1,200

The Simple Bonding Process

Request a free quote or view your price
Take the first step by requesting a free quote or viewing the price to discover unbeatable value.
Sign your contract and pay the premium.
Buy right now or easily get a quote for your surety bond.
Receive your surety or fidelity bond.
It's just that easy!
Have Questions? Call or Contact Us for a Quick Quote