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  1. Join Date
    Aug 2005
    Posts
    1

    ? about surety bond and assets

    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?
    Last edited by Admin; 08-25-2005 at 10:40 AM. Reason: Do not list your email address on the forums, spammers will take advantage of it.

  2. Join Date
    Jan 2005
    Posts
    755

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