Thread: 6 Month Term
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Old 11-13-2008, 11:20 AM
Bond Magician Bond Magician is offline
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Join Date: Oct 2007
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Default 6 Month Term

Quote:
Originally Posted by bad2thebond
Can I get a mortgage broker bond for a 6 month term?
A surety company will issue a bond based on what the obligee is requiring. The State will require the bond to be in place for at least one year, so we could not issue the bond for a six month term. Some states require the bond to be for a two year or even three year term.
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