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With no prior-year volume, the application amount under WAC 208-620-320 is $30,000. Applicable origination or brokering volume can require $50,000, $100,000 or $150,000 instead; combined residential and nonresidential origination uses combined volume. The rule separately sets $30,000 for student education loan servicing only and third-party residential mortgage loan modification services only. Residential-mortgage servicing alone has different net-worth, elective bond and MLO-sponsorship considerations, so do not assume every servicing company follows the same rule.

DFI requires the ESB in NMLS and no longer accepts paper bonds. The surety must have an NMLS account, and the applicant grants it access for electronic issuance. New applicants must have the bond in NMLS before filing the license application. Origination or lending licensees review required coverage with the annual assessment and submit any amount-changing rider through NMLS by the assessment deadline. The statute makes the bond continuous, with cancellation effective forty-five days after the director receives notice.

Purchase Now opens Propeller's Washington consumer loan application in a new tab. Bring the DFI request, company NMLS identifier, exact legal name, business activities, relevant prior-year volume, existing ESB and required sum and dates. Check these before paying, then coordinate the surety's NMLS access, issuance and any required rider submission. Keep DFI acceptance and complete the separate company and branch licensing steps; purchase does not itself authorize lending.