Minnesota Residential Mortgage Originator Bond
We write Residential Mortgage Originator Surety Bonds.
Our GOOD CREDIT rate is 0.75% of the bond amount.
Minnesota Residential Mortgage Originator Bonds are required by the State of Minnesota. The required bond amount is set by the Obligee.
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 - State of Minnesota
Bond Amount - Set by Obligee
Bond Premium Rate - 0.75% of Bond Amount