Surety Bond Forums - JW Surety Bonds
  #1 (permalink)  
Old 09-14-2007, 11:32 AM
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Default Home Ownership

Do I need to own a home in order to obtain a surety bond?
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Old 04-15-2008, 01:39 PM
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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.
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Old 04-16-2008, 09:18 AM
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Default Commercial Bond

Quote:
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.
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