Kentucky Consumer Loan Bond: A Comprehensive Guide This guide provides information for insurance agents to help lenders obtain Kentucky Consumer Loan Bonds At a Glance: Lowest Cost: $1,500 per year or $150 per month based on the applicant’s credit Bond Amount: $100,000 for privately held companies $250,000 for publicly traded companies Who Needs it: All …
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Kentucky Debt Adjuster Bond: A Comprehensive Guide This guide provides information for insurance agents to help debt adjusters obtain Kentucky Debt Adjuster Bonds At a Glance: Lowest Cost: $375 per year or $38 per month based on the applicant’s credit Bond Amount: $25,000 Who Needs it: All debt adjusters operating in Kentucky Purpose: To ensure …
Kansas Mortgage Company Bond: A Comprehensive Guide This guide provides information for insurance agents to help mortgage companies obtain Kansas Mortgage Company Bonds At a Glance: Lowest Cost: 0.75% of the bond amount per year based on the applicant’s credit Bond Amount: Based on the yearly amount of mortgage loans originated and whether the company …
Kansas Supervised Loan Bond: A Comprehensive Guide This guide provides information for insurance agents to help supervised lenders obtain Kansas Supervised Loan Bonds At a Glance: Lowest Cost: 0.75% of the bond amount per year based on the applicant’s credit Bond Amount: $100,000 plus an additional $25,000 per branch location to a maximum of $300,000 …
Kansas Money Transmitter Bond: A Comprehensive Guide This guide provides information for insurance agents to help money transmitters obtain Kansas Money Transmitter Bonds At a Glance: Lowest Cost: $3,000 per year or $300 per month based on the applicant’s credit Bond Amount: $200,000 for first time license applicants (more on this later) Who Needs it: …
Kansas Credit Service Organization Bond: A Comprehensive Guide This guide provides information for insurance agents to help credit service organizations obtain Kansas Credit Service Organization Bonds At a Glance: Lowest Cost: $250 per year or $25 per month based on the applicant’s credit Bond Amount: $25,000, though the State Bank Commissioner may increase the limit …
Indiana Loan Broker Bond: A Comprehensive Guide This guide provides information for insurance agents to help loan brokers obtain Indiana Loan Broker Bonds At a Glance: Lowest Cost: 0.5% of the bond amount per year based on the applicant’s credit Bond Amount: Dependent on the amount of residential mortgage loans originated in the previous calendar …
Indiana Mortgage Lender Bond: A Comprehensive Guide This guide provides information for insurance agents to help mortgage lenders obtain Indiana Mortgage lender Bonds At a Glance: Lowest Cost: $500 per year or $50 per month based on the applicant’s credit Bond Amount: $100,000 Who Needs it: All mortgage lenders seeking to obtain a license in Indiana …
Indiana Money Transmitter Bond: A Comprehensive Guide This guide provides information for insurance agents to help money transmitters obtain Indiana Money Transmitter Bonds At a Glance: Lowest Cost: $2,000 per year or $200 per month based on the applicant’s credit Bond Amount: Between $200,000 to $300,000 (more on this later) Who Needs it: All money …
Indiana Small Loan Lender Bond: A Comprehensive Guide This guide provides information for insurance agents to help small loan lenders obtain Indiana Small Loan Lender Bonds At a Glance: Lowest Cost: $500 per year or $50 per month based on the applicant’s credit Bond Amount: $50,000 per location where small loans are made up to …
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