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  1. Bond Guy
    Bond Guy is offline Senior Member
    Join Date
    Oct 2007
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    179

    Title Agency in MD Help?

    I have been looking for surety bond options for maryland title insurance producer license for some time now. How will having a bankruptcy 7 filed and discharged in 2003 effect the rate? I'm not in the position to pay high premiums and/or collateral. Is there any way to pay a low monthly fee with this credit discrepancy?
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  2. Surety Queen
    Surety Queen is offline Surety Professional
    Join Date
    Oct 2007
    Posts
    558

    Title Agency Bond

    Quote Originally Posted by Bond Guy
    I have been looking for surety bond options for maryland title insurance producer license for some time now. How will having a bankruptcy 7 filed and discharged in 2003 effect the rate? I'm not in the position to pay high premiums and/or collateral. Is there any way to pay a low monthly fee with this credit discrepancy?
    None of the bond programs that we have will allow for monthly payments. Unfortunately, the annual premium must be paid prior to the bond being issued. It's likely that you will be under a high risk program but that doesn't mean that collateral will be required. The best way to determine what your premium will be is to submit an application - at no obligation to you. Please visit this link to apply: Title Agency Bonds - Surety Bond Types
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