California Foreclosure Consultant Surety Bond
AmeriPro Surety Bonds | 844-589-9732
Licensing of California Foreclosure Consultants
Foreclosure consultants in California must be registered with the state’s Attorney General Office.
You must also pay complete an application; pay an $850 fee, and provide of a copy of the application of the documents that you’ll be providing to clients for your consulting services.
Before obtaining a Certificate of Registration, you must also obtain a $100,000 surety bond. In lieu of the $100,000 bond, you may file a deposit of $100,000 case, in which case you will not need our surety agency.
Qualifying and the Premium
Qualifying for the $100,000 California foreclosure surety consultant bond includes completion of an application— which we’ll begin with you over the phone – but which you’ll need to sign and have witnessed (not notarized); and undergoing a credit check inquiry.
Approval is based upon a determination of your good credit; upon approval, the annual premium is 1%, or $1000 annually.
Once your foreclosure consultant surety bond application is approved and the premium paid, our agency issues your bond to you immediately.
Your bond, along with a notarized document from us as Surety and a Power of Attorney form will be sent to you. Upon receipt, you’ll sign your bond as Principal.
The address to file your bond to is:
State of California – Secretary of State
P.O. Box 942877
Sacramento, CA 94277-0001
Premium Prepayment Options
The $1000 premium for your California foreclosure consultant bond renews annually. The option exists to prepay your surety bond premium up to 3 years. This save you over renewing annually.
The premium prepayment options and savings are as follows:
- If prepaid for 2 years, the premium is $1800, a $200 savings;
- If prepaid for 3 years, the premium is $2600, a $400 savings.
Purpose of Your Surety Bond Requirement
Your foreclosure consultant surety bond is a financial guarantee of your compliance with:
both as amended.
As an online aggregator of surety bonds, we also provide these bonds nationwide.
Please call us today at:
Or, you may fill out the form below and a Surety Agent will contact you…