Mortgage Broker Bond through Bad-Credit Program

[h2o]

I just obtained a bond through your bad-credit program. If my credit improves over the next year or two, is it possible to get switched over to a standard market for lower rates?

[lifeisgood]

When your bond comes up for renewal and if you feel that your credit has improved enough to qualify you for a standard rate - we will be happy to address that at your request.

[h2o]

Originally Posted by lifeisgood

When your bond comes up for renewal and if you feel that your credit has improved enough to qualify you for a standard rate - we will be happy to address that at your request.

Will I have to supply updated financials at that time?

[Surety Wizard]

Yes you will have to provide updated financials both personal and business. We will also be looking at your credit report to see significant efforts to make your rating stronger.