Arkansas Mortgage Banker Bond: A Comprehensive Guide This guide provides information for insurance agents to mortgage bankers obtain Arkansas Mortgage Banker Bonds At a Glance: Lowest Cost: $750 per year or $75 per month based on the banker’s credit Bond Amount: Based on the mortgage loan activity of the mortgage banker in the previous calendar …
Arkansas Mortgage Broker Bond: A Comprehensive Guide This guide provides information for insurance agents to mortgage brokers obtain Arkansas Mortgage Broker Bonds At a Glance: Average Cost: $750 per year or $75 per month based on the broker’s credit Bond Amount: Based on the mortgage loan activity of the mortgage broker in the previous calendar …
Arkansas Collection Agency Bond: A Comprehensive Guide This guide provides information for insurance agents to help collection agencies obtain Arkansas Collection Agency Bonds At a Glance: Lowest Cost: $50 per year or $5 per month Bond Amount: Based on the number of collectors employed by the agency Table 1.1 Number of Collectors Employed Bond Amount …
Alabama Mortgage Broker Bond: A Comprehensive Guide This guide provides information for insurance agents to help brokers obtain Alabama Mortgage Broker Bonds At a Glance: Lowest Cost: $125 per year or $13 per month based on the broker’s credit Bond Amount: Determined by the dollar volume of loans closed in the previous calendar year: Table …
Alabama Money Transmitter Bond: A Comprehensive Guide This guide provides information for insurance agents to help businesses obtain Alabama Money Transmitter Bonds At a Glance: Lowest Cost: $500 per year or $50 per month, based on the transmitter’s credit Bond Amount: Determined on a case-by-case basis Who Needs It: All individuals and business entities seeking …
Alabama Sale of Checks Bond: A Comprehensive Guide This guide provides information for insurance agents to help businesses obtain Alabama Sale of Checks Bonds At a Glance: Lowest Cost: $100 per year or $10 per month, based on the licensee’s credit Bond Amount: $10,000 for a single location plus an additional $5,000 for each additional …
Contractor License Bonds: A Comprehensive Guide This guide provides information for insurance agents to help contractors obtain Contractor License bonds What is a Contractor License Bond? Contractor license bonds are government-required surety bonds that contractors must purchase to obtain a contractor license or permit. Contractor license bonds protect the public from financial harm resulting from …
Who Needs a Surety Bond? Surety bonds can be confusing, and insurance agents often times turn to surety experts, such as BondExchange, for assistance in serving their surety customers. Being ahead of the curve is one of an insurance agent’s most prominent skills, especially as it relates to marketing and retaining new and existing …
Alaska Mortgage Broker/Lender Bond: A Comprehensive Guide This guide provides information for insurance agents to help brokers obtain Alaska Mortgage Broker Bonds At a Glance: Lowest Cost: $563 per year or $57 per month based on the broker’s credit Bond Amount: $75,000 Who Needs It: All individuals and business entities seeking to obtain a mortgage broker …
Alaska Money Transmitter Bond: A Comprehensive Guide This guide provides information for insurance agents to help businesses obtain Alaska Money Transmitter Bonds At a Glance: Lowest Cost: $375 per year or $38 per month based on the transmitter’s credit Bond Amount: $25,000 plus an additional $5,000 for each branch location. The bond amount may not …
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