Commercial Mortgage Broker Bond
Confirm SML path for commercial mortgage activity
Texas commercial mortgage brokerage - lending activity may fall under SML or other licensing. Confirm whether your license class requires a surety bond before ordering.
Or call (877) 477-7578
A Texas commercial mortgage-related surety bond (when required) guarantees compliance with the applicable licensing obligations.
The surety bond guarantees that the principal will perform the duties required under Confirm applicable Texas Finance Code chapter with SML up to the penal sum.
A claim may arise if the principal fails to comply with the bonded Texas obligation or causes covered loss to the obligee or protected parties.
If a claim is valid, the surety may pay up to the bond penalty according to the bond terms; the principal remains liable to reimburse the surety.
Amount, premium, term, and the authority that requires this filing.
Firms brokering or lending on commercial mortgage transactions in Texas — confirm whether a bond applies to your exact license type.
Verify SML - NMLS license type and whether a surety bond is required for your class.
Share your license type, court order, or obligee form and the exact penal sum required by Texas Department of Savings and Mortgage Lending (SML).
We review credit and filing details, then quote premium options through licensed surety markets.
Once approved, we issue the bond for delivery to Texas Savings and Mortgage Lending Commissioner - named obligee or for your Texas filing package.
The amount is Confirm with SML for your license class — do not invent a flat amount, as set under Confirm applicable Texas Finance Code chapter with SML and confirmed with Texas Department of Savings and Mortgage Lending (SML).
The obligee is typically Texas Savings and Mortgage Lending Commissioner - named obligee. Always match the exact name on the Texas form.
Many Texas filings can be underwritten the same day when documents and credit are complete; complex amounts may take longer.
Not always. Premium and collateral options vary by credit and bond size — ask for markets that still write the risk.
Most bonds renew on the term shown (1 Year). Keep continuity so your Texas license or filing does not lapse.
Next step
We’ll match the requirement and route the application.
Apply for this bond