This surety bond is required by a mortgage company and helps cover mortgages, deeds of trust, and other principal amounts. Specifically the bond helps cover situations where the mortgagee cannot be located after a mortgage or similar obligation has been fully satisfied. The amount is set at double the amount of the original obligation plus any other added principal. This surety bond is typically as low as 1.5%.
To Obtain a California Reconveyance Surety Bond:
- Complete an online application.
- One of our expert commercial surety agents will call and email you with the firm quote and an agreement to sign.
- Provide payment and your signed agreement, then you will receive your bond!
** all bonds are subject to the underwriting terms and conditions of the issuing company.