Any person or entity applying for a Mortgage Broker license in New Hampshire. Required when: Application for a mortgage broker license. Exemptions: Entities listed in RSA 397-A:4, including banks, credit unions, trust companies, government agencies, and certain non-profit organizations.
Overview
What it is.
Any person or entity applying for a Mortgage Broker license in New Hampshire. Required when: Application for a mortgage broker license. Exemptions: Entities listed in RSA 397-A:4, including banks, credit unions, trust companies, government agencies, and certain non-profit organizations.
Who usually needs it
Any person or entity applying for a Mortgage Broker license in New Hampshire.
Pricing & timing
What to expect.
Generic pricing
License bonds are required by state and local governments to ensure compliance with industry regulations. Typical Pricing:. • Small bonds (under $25,000): Typically $100–$250 per year (flat fee). • Larger license bonds: Commonly around 1–5% of the bond amount annually. • Credit impact: Good credit: starting around 1–2% · Average credit: typically 2–4% · Credit challenges: often 4–5% or higher. Same-day approval is typical for many common license bonds. Some license bonds may price higher de…
Typical timeframe
Issuance timeframe varies by bond type and underwriting
Application
What to do next.
Tell us the bond name, state, and amount on your form.
Share business and applicant info so the team can quote it.
Sign and pay; we issue the bond and send you the documents.
Keep your effective date and renewal date on file with us.
Start the application.
You are on the exact bond page. The next step is to start the quick application.
StateNHBond amount$50,000Term lengthContinuousObligeeNew Hampshire Banking DepartmentRenewalThe bond is continuous and remains in effect as long as the license is active. The bond amount must be reviewed and adjusted annually based on the previous year's loan volume during the NMLS renewal period.Bond classLicense BondCategoryFinancial ServicesBondResidential Mortgage Lending Act Surety BondStatutory referenceNH RSA 397-A:5JurisdictionState
