Delaware Mortgage Lender / Loan Originator Bond
Mortgage lenders in Delaware must post between a $50k bond and a $200k bond depending on annual loan volume.
| Dollar Amount of Origination Volume | Bond Amount Required | Annual Premium |
| $0 - $23,000,000 | $50,000 | $300 |
| $23,000,001 - $35,000,000 | $75,000 | $450 |
| $35,000,001 - $47,000,000 | $100,000 | $600 |
| $47,000,001 - $59,000,000 | $125,000 | $750 |
| $59,000,001 - $71,000,001 | $150,000 | $900 |
| $71,000.001 - $83,000,000 | $175,000 | $1,025 |
| $83,000,001 and over | $200,000 | $1,200 |
Overview
Mortgage lenders in Delaware are required to post a $25,000 to $200,000 surety bond as a condition of licensure. NNA Surety has secured a $6 premium per $1,000 liability for all Delaware mortgage originators to obtain this bond. This bond meets the licensing requirements for Delaware mortgage originators and lasts for one year.