Arkansas Fair Association Bond
We write $100,000 Fair Association Bonds in Arkansas.
Our GOOD CREDIT price is $2,000.
Arkansas Fair Association Surety Bonds are required by the Arkansas Securities Commissioner. The required bond amount is $100,000.
Under Arkansas statute Act 731, Section 11 of 2009 the Securities Commissioner has the authority to determine the surety bond amount posted, based upon the loan activity, by mortage brokers, bankers, and servicers licensed under said act.
Follow this link if you would like to visit the Arkansas Securities Commissioner page for the Arkansas Fair Association Bond requirement.
Most applicants with good credit will qualify for rate indicated. In order to receive your specific quote, we must review your qualifications to determine the lowest possible price. If you have already been declined or nonrenewed by another Surety Company, chances are you will not qualify for this preferred rate.
We have various sureties willing to write bonds for applicants with less than perfect credit, including a special program with very competitive prices for those with just a few credit blemishes.
We find the best possible price for your surety bond given your particular qualifications.
Additional information about this corporate surety bond requirement is as follows:
Obligee - Arkansas Securities Department
Bond Amount - $100,000.00
Bond Premium - $2,000.00
Renewal Document - None.