DC Check Casher Bond: A Comprehensive Guide This guide provides information for insurance agents to help check cashers obtain DC Check Casher Bonds At a Glance: Lowest Cost: $100 per year or $10 per month, based on the check casher’s credit Bond Amount: $5,000 Who Needs it: All check cashers seeking to obtain a license …
DC Automobile Repossessor Bond: A Comprehensive Guide This guide provides information for insurance agents to help automobile repossessors obtain DC Automobile Respossessor Bonds At a Glance: Lowest Cost: $100 per year or $10 per month, based on the bond applicant’s credit Bond Amount: $5,000 Who Needs it: All automobile repossessors seeking to obtain a license …
DC Student Loan Servicer Bond: A Comprehensive Guide This guide provides information for insurance agents to help student loan servicers obtain DC Student Loan Servicer Bonds At a Glance: Lowest Cost: $500 per year or $50 per month, based on the student loan servicer’s credit Bond Amount: $50,000 Who Needs it: All student loan servicers …
DC Money Transmitter Bond: A Comprehensive Guide This guide provides information for insurance agents to help money transmitters obtain DC Money Transmitter Bonds At a Glance: Lowest Cost: $500 per year or $50 per month, based on the money transmitter’s credit Bond Amount: $50,000 plus an additional $10,000 per branch location not exceeding $250,000 Who …
Connecticut Mortgage Broker Bond: A Comprehensive Guide This guide provides information for insurance agents to help mortgage brokers obtain Connecticut Mortgage Broker Bonds At a Glance: Lowest Cost: 0.75% of the bond amount per year based on the broker’s credit Bond Amount: Based on the aggregate dollar amount of all mortgage loans originated Table 1.1 Dollar …
Connecticut Mortgage Servicer Bond: A Comprehensive Guide This guide provides information for insurance agents to help mortgage servicers obtain Connecticut Mortgage Servicer Bonds At a Glance: Lowest Cost: 0.75% of the bond amount per year based on the servicer’s credit Bond Amount: Business license bond: $100,000 per branch location Fidelity bond: Based on the amount …
Booming Real Estate Market Spells Opportunity for Insurance Agents April 7, 2021 The COVID-19 pandemic and resulting shutdowns caused the US economy to shrink by 3.5% in 2020. Many industries were hit hard, and are still attempting to bounce back from last year’s losses. That said, one industry in particular was not only able to …
Booming Real Estate Market Spells Opportunity for Insurance Agents Read More »
Connecticut Mortgage Lender Bond: A Comprehensive Guide This guide provides information for insurance agents to help mortgage lenders obtain Connecticut Mortgage Lender Bonds At a Glance: Lowest Cost: $750 per year or $75 per month, based on the lender’s credit Bond Amount: Between $100,000 to $500,000 (more on this later) Who Needs it: All mortgage …
Connecticut Mortgage Correspondent Lender Bond: A Comprehensive Guide This guide provides information for insurance agents to help mortgage correspondent lenders obtain Connecticut Mortgage Correspondent Lender Bonds At a Glance: Average Cost: $750 per year or $75 per month, based on the lender’s credit Bond Amount: Between $100,000 to $500,000 (more on this later) Who Needs …
Connecticut Money Transmitter Bond: A Comprehensive Guide This guide provides information for insurance agents to help money transmitters obtain Connecticut Money Transmitter Bonds At a Glance: Lowest Cost: 1.5% of the bond amount per year based on the money transmitter’s credit Bond Amount: Between $300,000 to $1 million (more on this later) Who Needs it: All …
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