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  1. h2o
    h2o is offline Senior Member
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    Sep 2008
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    Mortgage Broker Bond through Bad-Credit Program

    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?
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  2. lifeisgood
    lifeisgood is offline Senior Member
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    Sep 2008
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    Lower Rates for better Credit

    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.
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  3. h2o
    h2o is offline Senior Member
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    Mortgage Broker Bond through Bad-Credit Program

    Quote 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?
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  4. Surety Wizard
    Surety Wizard is offline Senior Member
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    110

    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.
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