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Originally Posted by Bond Guy No. You do not need to own a home in order to obtain a Surety Bond. We have a couple of programs that will qualify you based solely on your personal credit. When you get into larger License Bonds home ownership may play more of a role. |
Personal credit is the first items Surety looks at in quoting a bond. That being said, some types of bonds can be written under very preferred programs if not only the personal credit is good but if the Principal owns a home.