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Georgia Mortgage Broker Bond

Also known as Mortgage Broker Bond, Mortgage Broker Surety Bond, Georgia Mortgage Broker Bond

Don’t wait for a quote. Your answer is here.
 
Georgia mortgage brokers are required to carry a Georgia mortgage broker bond. It ensures that a mortgage broker complies with state regulations. Rates are listed below.
 
The Surety Group has in-house underwriting authority. This enables us to discount bond programs and waive the spousal indemnity and collateral requirements for mortgage brokers. Please call us at 1-800-486-8211 if you have any questions. You will speak directly to an underwriter.
PROGRAM RATES/BOND AMOUNTS REQUIREMENTS
I

Spousal Indemnity Waived

No Collateral Required

Apply Now
* $464.00 / $50,000
  • Minimum Equifax score of 700 for anyone who owns more than 10% of the business
  • 5 years of related experience
  • Real estate ownership
  • Minimum DNB of 70
  • Minimum adjusted corporate net worth of $500,000
  • No liens or judgments
II

No Collateral Required



Apply Now
$500.00 / $50,000
  • Minimum Equifax score of 699 for anyone who owns more than 20% of the business
  • 3 years of related experience
  • Real estate ownership
  • No judgments, liens, bankruptcies, bond claims or declines from other sureties
  • Financial statements must exhibit evidence of positive working capital equal to bond amount
III

Spousal Indemnity Waived

No Collateral Required

Apply Now
$2500.00 / $50,000
  • Minimum Equifax score of 500 for anyone who owns more than 10% of the business
  • 3 years of related experience
  • Real estate ownership
  • Late payments are acceptable
  • Closed bankruptcies, liens or judgments within the last 10 years are acceptable
  • No unpaid child support, unpaid claims, or government investigations
If you do not see a program/plan that fits your needs, we have others available. Call to learn more.
*Two year rates
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Toll Free: 1-800-486-8211 • Local GA: 1-404-352-8211 • Fax: 1-404-351-3237 • Email: info@suretygroup.com


 

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