1 (844) 589-9732

Montana Deferred Deposit Loan Bond

The $10k Montana deferred deposit loan bond is issued to you for a $100 annual premium. There is no credit check.  Please call AmeriPro Surety Bonds at 844-589-9732.

Montana Deferred Deposit Loan Bond |

AmeriPro Surety Bonds | 844-589-9732

 

 

 

Montana Deferred Deposit Loan License

 

 

 

Montana deferred deposit loan businesses are regulated by the state’s Division of Banking and Financial Institutions.

In addition to the license cost of $500, you are also required to obtain a $10,000 surety bond. Your surety bond, after its purchase, can be filed by us on your behalf through NMLS, the Nationwide Mortgage License System.

The $10,000 surety bond is required per location. However, what we write below is applicable regardless of the number of bonds required. A business with more than one office will need a separate surety bond for each location.

 

 

 

Qualifying and the Premium

 

 

 

You are automatically approved for the $10,000 Montana deferred deposit loan bond. For this surety bond, there is neither a credit check nor an underwriter review.

Instead, we’ll just need the following:

  • A surety bond application, which we’ll take from you over the phone, but which we’ll also need you to sign and have witnessed;
  • A recent financial statement;
  • Payment of the $100 premium

After providing these items to us and paying your annual premium, our agency will issue and file your bond to NMLS.

If you prefer to do your own filing, then we’ll mail you the original surety bond along with a copy of the Power of Attorney form.

 

 

 

Premium Prepayment Options

 

 

 

At $100 premium, your Montana deferred deposit loan bond is active for one year. Thereafter, your bond renews on the anniversary of its issuance.

You also have the option to prepay your bond up to 3 years. Prepayment of your premium allows you a savings over annual renewals, besides lengthening the time between renewals.

The premium prepayment options and savings are as follows:

  • If prepaid for 2 years, the premium is just $180, a $20 savings;
  • If prepaid for 3 years, the premium is $260, a $40 savings.

 

 

 

Purpose of the Surety Bond Requirement

 

 

 

The purpose of your surety bond requirement is to serve as a financial guarantee of your compliance with the Montana Deferred Deposit Loan Act, and any future amendments to this legislation.

 

 

 

About Us

 

 

 

AmeriPro Surety Bonds provides deferred deposit surety bonds nationwide. We are also a provider of license and permit surety bonds in all 50 states.

Please call our agency today at:

 

844-589-9732

 

Or, you may fill out our contact form and an agent will call you..

 

Request a Callback

  • Date Format: MM slash DD slash YYYY
  • Please note: We do not share or rent your address to anyone, except for underwriting purposes associated with your bond.
  • This helps us to find exactly the surety bond that you require. By the way, it's perfectly OK to not know the type of surety bond you need; that's why we're here!
  • This field is for validation purposes and should be left unchanged.

AmeriPro Surety Bonds

Our focus is exclusively surety bonds. We have two areas of concentration: YOU, our customer; and providing you with the surety bond that you need. Whether the bond is an "instant issue"; is for a contractor; a court bond; or one for a client with lower credit scores, AmeriPro Surety Bonds dedicates itself to providing our customers with a seamless, professional, and quick surety bond experience.

apply today

recent news

Lost Cashier’s Check Bond | Lost Instrument Bond

If you’ve lost a cashier’s check or money order, to replace it, the banking institution will require that a “Lost Instrument bond” be purchased in order to re-issue it. Learn how to quickly purchase this bond with AmeriPro Surety Bonds.

Mortgage Broker Bond

A mortgage broker bond is a license and permit bond which states require to become properly licensed and which is also required to protect the public from wrongful acts committed by a mortgage broker.

Notary Public Bond California

A notary bond, also known as a notary public bond, is a bond that is required by the state of California to engage in the business of witnessing signatures on documents. 

Utah Guardian Bond

Utah Guardian Bond | AmeriPro Surety Bonds 844-589-9732       Guardian/Conservator Surety Bond; Amount and Purpose       A court-appointed Utah guardian is one who oversees the wellbeing of either a minor or an incapacitated adult.  As a...

Utah Replevin Bond

Utah Replevin Bond AmeriPro Surety Bonds | 844-589-9732       Surety Bond; Purpose       An action of replevin, which is also known as a writ of attachment, occurs in a civil litigation proceeding.  By order of the presiding court, a...

Texas Replevin Bond

Texas Replevin Bond |AmeriPro Surety Bonds 844-589-9732       Surety Bond; Amount and Purpose       An action of replevin (also sometimes referred to as a writ of attachment, and in Texas, a sequestration bond) occurs in a civil court...

contact us

Office: 1 (844) 589-9732

Hours of Operation:

Monday – Friday 6 am to 5 pm (PST)