Increase $ Amount

[Numbers]

How do I go about increasing by bond amount on an existing mortgage broker bond?

[Bond Magician]

First, you need to send something in writing to us (either a fax or an email) specifically stating what the amount needs to be changed to. We will then bill you for the additional premium, and then issue a bond amount change rider. We will send the original rider directly to you. Then, you will need to send the rider to the state, and the bond amount will be changed/updated.
Hope this helps!

[Max Slivens]

Please remember that many Surety Companies will want to see a copy of the written request coming from the Obligee. That way there is no confusion as to what is actually needed. It's always possible that you would have mis-read something in the Statute or on the application. Then you and the Agent would have spent a lot of time and effort that could have been saved for other things.