Wyoming Mortgage Lender/Supervised Lender Surety Bond
Competitive Rates
| Bond Amount Required | Bond Term | Annual Premium |
| $25,000 | 1 Year | $150 |
| $50,000 | 1 Year | $300 |
| $100,000 | 1 Year | $600 |
Mortgage lenders and supervised lenders subject to Wyoming licensing requirements must maintain the applicable surety bond. The Wyoming mortgage lender/supervised lender surety bond helps ensure compliance with applicable state requirements and provides financial protection for obligations covered by the bond.
Cost of the Wyoming Mortgage Lender/Supervised Lender Surety Bond
The Wyoming Mortgage Lender/Supervised Lender Surety Bond costs $150 annually for a $25,000 bond, $300 annually for a $50,000 bond, and $600 annually for a $100,000 bond. All bond amounts have a one-year term. Complete the form to begin the bonding process.
How the Wyoming Mortgage Lender/Supervised Lender Surety Bond Works
The Wyoming mortgage lender/supervised lender surety bond helps protect eligible parties by holding licensed lenders financially accountable for complying with applicable licensing requirements and obligations covered by the bond.
The bond involves three parties:
- Principal: Mortgage lender or supervised lender
- Obligee: State of Wyoming
- Surety: Bonding company
A claim against the bond may be filed when a lender fails to meet an obligation covered by the bond. The principal is responsible for repaying valid claims paid by the surety.
How to Get the Wyoming Mortgage Lender/Supervised Lender Surety Bond
Follow these simple steps to get bonded with NNA Surety:
- Complete this short online application.
- Confirm the required bond amount and pay the applicable annual premium.
- Receive the bond documentation required for your licensing process.
- Submit the bond as required for your Wyoming mortgage lender or supervised lender license.
Learn more about your Wyoming surety bond options across the state.
Get Your Wyoming Mortgage Lender/Supervised Lender Surety Bond
Ready to meet your Wyoming lender bonding requirements? Complete this form or call 855-457-2196 to get bonded.