Iowa — Mortgage Broker (NMLS) Bond
Applying for an Iowa mortgage broker bond? Prepare the brokerage's legal information and evidence that the applicant will operate as a mortgage broker.
Continue to our secure checkout partner, Propeller (opens in a new tab).
- Recorded state
- Iowa
- Bond type
- Mortgage Broker Bond
- Category
- Financial services
What this bond does
Back compliance with Iowa chapter 535B and its rules, including money due under the obligation.
- Who needs it
- Iowa mortgage brokerage company applicants.
- Who it protects
- The bond is for state use and persons with causes of action against the applicant, subject to its 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
- Broker company name and NMLS ID.
- Broker capacity information and current instructions.
- Required amount and intended effective date.
Questions about this bond
Is this the banker route?
No. Separate Iowa broker and banker application routes are available, and the statute calls for capacity evidence.
Does the page offer an annual term choice?
There are no fixed term choices displayed. The statute describes continuous security subject to cancellation.
What does Purchase Now do?
It opens Propeller in a new tab for the application. Issuance and filing with the administrator follow separately from licensing approval.