Nebraska Mortgage Banker Bond
Flat Rates and No Credit Check
| Aggregate Loan Volume Preceding 12 Months | Bond Amount Required | Bond Term | Annual Premium |
| $0-$5,000,000 | $100,000 | 1 Year | $600 |
| $5,000,001-$10,000,000 | $125,000 | 1 Year | $750 |
| $10,000,001-$25,000,000 | $150,000 | 1 Year | $900 |
| Exceeds $25,000,001 | $200,000 | 1 Year | $1,200 |
This bond is required for any company involved in making, originating, servicing, or otherwise handling residential mortgage loans for compensation. See the table below to determine the required bond amount.
| Aggregrate Loan Volume Preceding 12 Months | Bond Amount | Annual Premium |
| $0-$5,000,000 | $100,000 | $600 |
| $5,000,001-$10,000,000 | $125,000 | $750 |
| $10,000,001-$25,000,000 | $150,000 | $900 |
| Exceeds $25,000,001 | $200,000 | $1,200 |
No credit check or financials needed up to $1M in aggregate bonds. Your bond premium (your cost) is $6 per $1,000 of the bond amount.
Mortgage bankers conducting residential mortgage lending or servicing business in Nebraska must meet state licensing and bonding requirements. Required by the State of Nebraska, the Nebraska mortgage banker bond helps ensure compliance with state mortgage requirements and provides financial protection for covered claims.
Cost of the Nebraska Mortgage Banker Bond
The cost of the $100,000 to $200,000 Nebraska mortgage banker bond is $600 to $1,200 per bond term with NNA Surety. Secure this surety bond today.
How the Nebraska Mortgage Banker Bond Works
The Nebraska mortgage banker bond protects consumers by holding licensed or registered mortgage bankers financially accountable for complying with applicable state requirements.
The bond involves three parties:
- Principal: Mortgage banker
- Obligee: State of Nebraska
- Surety: Bonding company
A claim against the bond may be filed for covered violations of Nebraska mortgage requirements. The principal is responsible for repaying valid claims paid by the surety.
How to Get the Nebraska Mortgage Banker Bond
Follow these simple steps to get bonded with NNA Surety:
- Complete this short online application.
- Pay the applicable $600 to $1,200 bond premium.
- Receive the bond form via email.
- Download and file the bond as required for your Nebraska mortgage banker license or registration.
Learn more about your Nebraska surety bond options across the state.
Get Your Nebraska Mortgage Banker Bond
Stay compliant with Nebraska licensing requirements by securing your mortgage banker bond today. Complete this form or call 855-457-2196 to get bonded.