Any person or entity (mortgage company) intending to conduct mortgage business in Kansas under the Kansas Mortgage Business Act. Required when: Application for a Kansas Mortgage Company License. Exemptions: Exemptions are provided under K.S.A. 9-2202 and include banks, trust companies, savings and loan associations, i…
Overview
What it is.
Any person or entity (mortgage company) intending to conduct mortgage business in Kansas under the Kansas Mortgage Business Act. Required when: Application for a Kansas Mortgage Company License. Exemptions: Exemptions are provided under K.S.A. 9-2202 and include banks, trust companies, savings and loan associations, i…
Who usually needs it
Any person or entity (mortgage company) intending to conduct mortgage business in Kansas under the Kansas Mortgage Business Act.
Pricing & timing
What to expect.
Generic pricing
Miscellaneous commercial bonds cover a wide range of business obligations not fitting other categories. Typical Pricing:. • Small bonds (under $25,000): Typically $100–$250 per year (flat fee). • Larger 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. Pricing varies by specific bond type and requirements. Some miscellaneous bonds may price higher depending o…
Typical timeframe
Credit-based approval — varies by bond type
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.
StateKSBond amount$100,000Term lengthContinuousObligeeKansas Office of the State Bank Commissioner, Division of Consumer and Mortgage LendingRenewalThe bond is continuous but the required amount must be reviewed and adjusted if necessary during the annual license renewal process, which must be completed by December 1st each year.Bond classMiscellaneous CommercialCategoryFinancial ServicesBondSurety BondStatutory referenceK.S.A. 9-2211JurisdictionState
