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  1. Join Date
    May 2007
    Posts
    59

    HELP? I need a Mortgage Brokers Bond!

    I just went through a huge divorce. To make a long story short my ex-wife cleaned me out. She took almost everything. I have a few collections on my credit report and owe back child support for almost a year. I have been paying the child support back in payments but its not cleared up yet and won't be for a while. I had a bond through my insurance agent with CNA and they have informed me that they will not be renewing this year due to my credit.
    I have never had a claim, and need help to obtain a bond so I don't lose my license.
    Can you help me? I can not afford a 15% premium.

  2. Join Date
    Jan 2005
    Posts
    755

    We have specialty programs for mortgage brokers that are not available to any other agency. You can apply for a free quote online at: JW Surety Bonds - Commercial Bond Applications

    I can guarantee our pricing will not be as high as you have received thus far.

  3. Join Date
    Sep 2008
    Posts
    110

    Most Surety Companies frown on owing back child support. Reason being is you can be put in jail for not paying your child support then there would be noone available to cover a claim for the bond. I suggest you make 100% you are compliant with your child support and not even one payment behind.

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