Oregon Mortgage Lender License Bond
Flat Rates & No Credit Check
| Aggregate OR Loan Volume in Preceding 12 Months | Bond Amount Required | Bond Term | Annual Premium |
| $0-$9,999,999 | $50,000 | 1 Year | $300 |
| $10,000,000-$24,999,999 | $75,000 | 1 Year | $450 |
| $25,000,000-$49,999,999 | $100,000 | 1 Year | $600 |
| $50,000,000-$99,999,999 | $150,000 | 1 Year | $900 |
| Exceeds $100,000,000 | $200,000 | 1 Year | $1,200 |
Mortgage lenders conducting residential mortgage lending business in Oregon must meet state licensing and bonding requirements. Required by the State of Oregon, the Oregon mortgage lender license bond helps ensure compliance with state mortgage lending requirements and provides financial protection for covered violations. The NNA has secured premiums of $6 per $1,000 in liability for all Oregon mortgage lenders to obtain this bond without a credit check.
Cost of the Oregon Mortgage Lender License Bond
The cost of the $50,000 to $200,000 Oregon mortgage lender license bond is $300 to $1,200 per bond term with NNA Surety. Secure this surety bond today.
How the Oregon Mortgage Lender License Bond Works
The Oregon mortgage lender license bond protects consumers by holding licensed mortgage lenders financially accountable for complying with applicable state requirements.
The bond involves three parties:
- Principal: Mortgage lender
- Obligee: State of Oregon
- Surety: Bonding company
A claim against the bond may be filed for covered violations of Oregon mortgage lending requirements. The principal is responsible for repaying valid claims paid by the surety.
How to Get the Oregon Mortgage Lender License Bond
Follow these simple steps to get bonded with NNA Surety:
- Complete this short online application.
- Pay the applicable $300 to $1,200 bond premium.
- Receive the bond form via email.
- Download and file the bond as required for your Oregon mortgage lender license.
Learn more about your Oregon surety bond options across the state.
Get Your Oregon Mortgage Lender License Bond
Stay compliant with Oregon licensing requirements by securing your mortgage lender license bond today. Complete this form or call 855-457-2196 to get bonded.