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  1. Join Date
    Oct 2007
    Posts
    171

    Opening up 2nd Location

    We have our main office in Connecticut and will soon be opening up a 2nd office across town. Will I need to get another bond or just a rider to add the 2nd location? Also, will I need to increase the bond amount?

  2. Join Date
    Oct 2007
    Posts
    558

    Mortgage Broker Bond

    Quote Originally Posted by Mother Bond
    We have our main office in Connecticut and will soon be opening up a 2nd office across town. Will I need to get another bond or just a rider to add the 2nd location? Also, will I need to increase the bond amount?
    I believe you will need to increase your bond and that can be done by rider. Best to check with your surety specialist to determine exactly what is needed for your situation.

  3. Join Date
    Oct 2007
    Posts
    401

    Mortgage Broker Bond

    It would also be a good idea to check with the state of CT as well, just to couble-check as to what they require in this situation and to ensure that you take the proper steps in order to obtain rider (s) in an efficient manner.

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