Vermont Licensed Lender Bond: A Comprehensive Guide This guide provides information for insurance agents to help their customers obtain Vermont Licensed Lender 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 annual volume of loans issued Table 1.1 Loans Issued Bond …
Vermont Loan Solicitation Bond: A Comprehensive Guide This guide provides information for insurance agents to help their customers obtain Vermont Loan Solicitation Bonds At a Glance: Lowest Cost: 0.75% of the bond amount per year based on the applicant’s credit Bond Amount: $25,000 Who Needs it: All loan solicitors operating in Vermont Purpose: To ensure …
Vermont Mortgage Broker Bond: A Comprehensive Guide This guide provides information for insurance agents to help their customers obtain Vermont Mortgage Broker Bonds At a Glance: Lowest Cost: 0.75% of the bond amount per year based on the applicant’s credit Bond Amount: $25,000 Who Needs it: All mortgage brokers operating in Vermont Purpose: To ensure …
Vermont Loan Servicer Bond: A Comprehensive Guide This guide provides information for insurance agents to help their customers obtain Vermont Loan Servicer Bonds At a Glance: Lowest Cost: 0.75% of the bond amount per year based on the applicant’s credit Bond Amount: $100,000 Who Needs it: All loan servicers operating in Vermont Purpose: To ensure …
Vermont Money Transmitter Bond: A Comprehensive Guide This guide provides information for insurance agents to help their customers obtain Vermont Money Transmitter Bonds At a Glance: Lowest Cost: 1.5% of the bond amount per year based on the applicant’s credit Bond Amount: $100,000 plus an additional $10,000 per authorized delegate to a maximum of $500,000 …
Vermont Debt Adjuster Bond: A Comprehensive Guide This guide provides information for insurance agents to help their customers obtain Vermont Debt Adjuster Bonds At a Glance: Lowest Cost: 1.5% of the bond amount per year based on the applicant’s credit Bond Amount: Minimum of $50,000 (more on this later) Who Needs it: All debt adjusters …
Virginia Mortgage Broker Bond: A Comprehensive Guide This guide provides information for insurance agents to help their customers obtain a Virginia Mortgage Broker Bond At a Glance: Lowest Cost: $188 per year or $19 per month based on the applicant’s credit Bond Amount: $25,000 Who Needs it: All mortgage brokers operating in Virginia Purpose: To ensure …
Virginia Mortgage Lender Bond: A Comprehensive Guide This guide provides information for insurance agents to help their customers obtain Virginia Mortgage Lender Bonds At a Glance: Lowest Cost: $375 per year or $38 per month based on the applicant’s credit Bond Amount: $50,000 Who Needs it: All mortgage lenders operating in Virginia Purpose: To ensure the …
Virginia Mortgage Originator Bond: A Comprehensive Guide This guide provides information for insurance agents to help Mortgage Originators on Virginia Mortgage Originators Bonds At a Glance: Lowest Cost: 0.75% of the bond amount per year based on the applicant’s credit Bond Amount: Minimum of $25,000 (more on this later) Who Needs it: All Virginia mortgage …
Virginia Payday Lender Bond: A Comprehensive Guide This guide provides information for insurance agents to help payday lenders obtain Virginia Payday Lender Bonds At a Glance: Lowest Cost: 1.5% of the bond amount per year based on the applicant’s credit Bond Amount: Between $10,000 per office location to a maximum of $500,000 Who Needs it: …
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