South Dakota — Mortgage Broker - NMLS Bond
Use this South Dakota mortgage broker bond route for the company arranging loans. Have the broker's legal name and NMLS request ready before continuing to Propeller.
Continue to our secure checkout partner, Propeller (opens in a new tab).
- Recorded state
- South Dakota
- Bond type
- Mortgage Broker Bond
- Category
- Financial services
What this bond does
Provide security for the brokerage duties described in the South Dakota bond request.
- Who needs it
- South Dakota mortgage broker businesses preparing company security.
- Who it protects
- The requested form identifies the licensing recipient and protected claims. It does not insure all transactions arranged by the broker.
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
- 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
- Broker business name and NMLS ID.
- Arranging activities and any fund handling.
- Broker request, required amount and effective date.
Questions about this bond
Should a lender use this route?
Compare the separately named South Dakota lender offering and use the actual requested class and instrument.
Are there several bond choices here?
There is one application route without fixed amount or term selections. Bring the requirements from your broker instructions.
What does Purchase Now do?
It opens Propeller in a new tab for the application. Review, issuance and filing follow separately; purchase does not approve a license.