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Minnesota Mortgage Originator or Servicer Bond

Minnesota Mortgage Originator or Servicer Bond

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Who Requires the Mortgage Originator or Servicer Bond and Why Is It Needed?

A Mortgage Originator, Mortgage Servicer or Accelerated Mortgage Payment Provider Bond is mandated by Minnesota Statutes, Section 332.30, to secure the bonded principal's compliance with terms of Minnesota Statutes and other legal obligations arising out of the principal’s conduct as a mortgage originator, servicer, or accelerated payment provider. This bond is written for the benefit of the State of Minnesota and harmed financially due to the principal's failure to comply with Minnesota Statutes or other legal obligations.

How Much Will My Surety Bond Cost?

Take 2 minutes to provide the basic information required to get the best rates for your Minnesota Mortgage Originator or Servicer Bond. The quote request is free and there is no obligation to you. If you prefer, please call 1‐800‐608‐9950 to speak with one of our friendly bond experts. We can help guide you through the bonding process and identify the lowest cost in the market for your situation.

If you are interested in spreading out the cost of your bond over time, we can offer convenient financing plans for many types of surety bonds. More information will be provided with your quote.

List of Minnesota surety bonds.

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