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  1. Carboholic
    Carboholic is offline Member
    Join Date
    Oct 2006
    Posts
    69

    No Business Name Yet

    I want to apply for a mortgage broker bond, but have not yet established my business. Can I get an approval and quote before having decided on a business name and address?
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  2. Admin
    Admin is offline Administrator
    Join Date
    Jan 2005
    Posts
    755

    Being that it is a new business, the quote would be based on the owner(s) anyhow. Therefore, obtaining a quote is not a problem, just listed your company name as "TBD". However, the bond can not be issued until you have a company name, as it must be listed on it. Also, do not apply for an approval too far in advance, as it will expire if you do not move forward with it in a certain time period.
    Surety Bond Articles
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