This surety bond is required in the amount of $25,000 by the State of Iowa Department of Commerce, Superintendent of Banking, under Iowa Code Chapter 535B. The bond ensures that the bondholder conforms to and abides by the provisions of Iowa Code Chapter 535B and all rules and regulations promulgated thereunder, and will satisfy any loss or damages suffered by the state of Iowa or any person(s) who may have a cause of action against the principal. In most cases, the premium on this bond is as little as $125.
To Secure an Iowa Closing Agent 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.