Ohio — RMLA Residential Mortgage Lending Act License - NMLS Bond
For the Ohio RMLA residential mortgage lending bond, prepare the company's registered name, any trade name and main office. Ohio's bond rule treats the company's security as an aggregate obligation.
Continue to our secure checkout partner, Propeller (opens in a new tab).
- Recorded state
- Ohio
- Bond type
- Mortgage Lender / Banker Bond
- Category
- Financial services
What this bond does
Provide the security required for the RMLA company in the superintendent's acceptable form.
- Who needs it
- Companies whose Ohio RMLA request matches the licensed offering.
- Who it protects
- Use the superintendent's prescribed conditions and recipient in the requested form; the bond does not guarantee every mortgage transaction.
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
- Ohio Administrative Code 1301:8-7-14, effective September 1, 2024 (opens in a new tab)Checked October 22, 2026
- NMLS: gathering electronic surety bond requirements (opens in a new tab)Checked October 22, 2026
- NMLS: executing a bond (opens in a new tab)Checked October 22, 2026
Have these ready
- Legal and trade names, main office and NMLS ID.
- Company request and all relevant office locations.
- Required aggregate sum and effective date.
Questions about this bond
Do I buy a separate bond for each office?
The rule calls for one appropriately sized aggregate company bond regardless of office count. Use the total required amount.
Is this the letter-of-exemption route?
No. Match the company's registration or exemption instructions to the appropriate separate offering.
How do I start?
Purchase Now opens Propeller in a new tab. Provider review and issuance come before execution and filing; purchasing does not approve the RMLA application.