Iowa — Mortgage Banker (NMLS) Bond
Prepare your Iowa mortgage banker bond with the funding company's details and evidence of its banker capacity. The licensing statute calls for filing security with the administrator.
Continue to our secure checkout partner, Propeller (opens in a new tab).
- Recorded state
- Iowa
- Bond type
- Mortgage Lender / Banker Bond
- Category
- Financial services
What this bond does
Secure the banker's compliance with chapter 535B and its rules, including money due under them.
- Who needs it
- Iowa mortgage banker company applicants.
- Who it protects
- The bond serves the state and persons with causes of action against the applicant under the stated conditions.
Your bond option
This is the option on record for this bond.
- Bond optionPurchase Now (opens in a new tab)Continue to our secure checkout partner, Propeller (opens in a new tab).
The bond amount describes the limit of the bond obligation, not the price. A listed amount does not establish what the requesting party requires. The premium is what you pay and must be confirmed for the actual option. An E&O limit, where listed, is separate errors and omissions insurance.
Sources
- Iowa Code 535B.9 (opens in a new tab)Checked October 22, 2026
- NMLS: gathering electronic surety bond requirements (opens in a new tab)Checked October 22, 2026
Have these ready
- Banker legal name and NMLS ID.
- Evidence of banker activities and current request.
- Required sum and effective date.
Questions about this bond
Does a closing-agent bond replace this one?
The statute distinguishes capacities and conditions. Use the banker request, not an amount from the closing-agent obligation.
Who receives the security?
The statute calls for filing with the administrator. Follow the current execution and delivery instructions for the actual bond.
Where do I apply?
Purchase Now opens Propeller in a new tab. Review and issuance come before the later filing; a purchase does not approve the license.