Wyoming Mortgage Broker Surety Bond
Wyoming mortgage brokers who plan to employ or contract with mortgage loan originators must file a surety bond via the NMLS. The amount of the bond required is based upon the total volume of residential mortgage loan business completed in the previous calendar year, according to the following table:
| Aggregate Loan Amount | Bond Amount Required | Annual Premium |
| < $3,000,000 | $25,000 | $150 |
| $3,000,000-$10,000,000 | $50,000 | $300 |
| More than $10,000,000 | $100,000 | $600 |
Overview
The Wyoming Division of Banking requires mortgage brokers to maintain a surety bond of $25,000. This bond is an integral part of the licensing process and is intended to provide a financial guarantee for any customers harmed by the licensee's actions. The NNA has secured a $150 flat rate for all Wyoming mortgage brokers.
The Simple Bonding Process
View your price or request a free quote
Discover unbeatable value with coverage options tailored to your needs.
Sign your contract and pay the premium
Seal the deal and ensure protection and peace of mind for your business.
Receive your surety or fidelity bond
Expect a speedy turnaround. Our typical turnaround time is 24 hours or less.
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