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What is a Washington State Mortgage Broker Business Bond?
In order to ensure that any person who is applying for a mortgage broker license in Washington, as well as those who currently hold a license, furnish and maintain a surety bond. The requirement is found in Chapter 19.146 of the Revised Code of Washington or the Mortgage Broker Practices Act and it is enforced by the Washington State Department of Financial Institutions.
Do you need a Mortgage Broker Business Bond?
If you're looking for Washington State Mortgage Broker Business Bond, Swiftbonds is the company to call. We offer competitive rates and have been in business for years. Give us a call today!
Our goal is to provide excellent service with low rates and fast turnaround times. We also work hard to make sure our customers are satisfied with their experience every time they do business with us. It's not just about getting the job done – it's about doing it right!
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Why is the Washington State Mortgage Broker Business Bond required?
Businesses must purchase a bond to activate their license or permit. This guarantees that if the business fails to comply with licensing and permit laws, they will be compensated by the surety company for any damages incurred due this negligence. Need a Washington State Bail Bond Agency (Sole Proprietor) $10,000.
How does a Washington State Mortgage Broker Business Bond work?
Getting a Washington State Mortgage Broker Business Bond means you agree with the entity requiring it, called the obligee. Your surety company agrees to cover for you in case your clients or public make claims against their contract and need payment from your bond. If there’s ever any problems on either side of this agreement, only then will we get involved so that both parties can be satisfied. See a Washington State Motor Vehicle Ownership (3 year Term) Bond.
How much does a Washington State Mortgage Broker Business Bond cost?
Washington State Mortgage Broker Business Bond is a type of surety bond that varies in cost and depends on the credit score of the applicant. Sometimes, personal or business financials may be required depending on what surety amount is needed for bonding purposes.
Can I get a Washington State Mortgage Broker Business Bond with bad credit?
Swiftbonds offers a wide-range of approvals, regardless of credit history or bad credit. One key factor in our success is that we are able to work with 99% of applicants who have been turned down elsewhere due to their poor financial standing. Our knowledgeable underwriting staff will make sure you get the lowest possible price for your bond no matter what personal circumstances may be preventing you from getting approved for other companies' bonds. Here's a Washington State Bail Bond Agency (Partnership) $10,000.
How to get your Washington State Mortgage Broker Business Bond?
Would you like to know the first step in getting your Washington State Mortgage Broker Business Bond? It's super easy! Fill out our quick online application and get a no obligation quote today. Our Underwriters will contact you within an hour of submission, or come chat with them on the phone for help applying. Read a Washington State Mortgage Broker Business with Independent Contractors Bond.