A Texas manufactured housing bond is required of:
1. Brokers 2. Installers and 3. Manufacturers involved in the manufactured housing business in Texas. There are different amounts required for each. AmeriPro Surety Bonds helps you to obtain the surety bond you need in a short amount of time: 844-589-9732.
Manufactured homes in Texas are regulated by the Texas Department of Housing and Community Affairs.
The Department offers licensing for:
Their licensing department can be reached at:
Phone Number: 877-313-3023
Email: licensing@tdhca.state.tx.us
To be licensed as a manufacturer in Texas, depending on the license, a surety bond is required.
The obligee, that is, the entity requiring the bond as a prerequisite for licensing, is the Manufactured Housing Division of the Texas Department of Housing and Community Affairs.
The Texas manufactured housing bond is required of those engaged in certain aspects of the housing manufacturing profession in the following amounts:
Brokers are required to obtain a $50,000 surety bond;
Installers are required to obtain a $25,000 surety bond;
Manufacturers are required to obtain at least a $100,000 surety bond.
Manufacturers who do not have a manufacturing plant or services facilities in Texas are required to maintain an additional $100,000 surety bond as required by the Department.
For all classes of licensing –
AND
the Texas manufactured housing bond is required to protect others, from acts of theft, fraud, and criminal malfeasance committed by a licensee or their employees in the course of their duties.
In cases where a Texas manufacturer is required to post a $200,000 Texas manufactured housing bond, the additional $100,000 bond is required to ensure that any repairs are made in a timely manner since the facilities are outside Texas.
The premium, that is, the amount you will pay for the bond, will be determined by two criteria.
Applicants with lower credit scores, however, should not worry.
Although you may be required to pay substantially more, AmeriPro Surety Bonds will work on your behalf to find the best pricing.
In some cases, where premium are over $1,000, we may be to offer “premium financing”.
Still, to be honest, a substantial down payment is normally required.
For those getting licensed as specifically as a Texas housing manufacturer, the following is required:
AmeriPro Surety Bonds is a surety bond-only agency which provides license and permit, contractor, court, and fiduciary bonds throughout Texas.
We also provide surety bonds of all types nationwide.
