? about surety bond and assets

[matador]

Was turned down today for a $25,000 mortgage surety bond. My partner and I both have decent scores, I'm a 650, he is low 700's. Insurer told us the underwriter said it was due to our assets. We are a new company, so of course the company has no assets. As for individually, he has probably 25,000 in assets and I have 6,000 or so when you figure what we owe versus the value of our properties, cars, etc. Any idea what we need to do?

[Admin]

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