This surety bond is required by the Utah Division of Real Estate under the provisions of Title 61, Chapter 2c of the Utah Code Annotated. The bond guarantees that the bond holder will abide by the provisions of the Utah Residential Mortgage Practices Act and all laws made by the Utah Division of Real Estate and shall honestly and pay when due all money owed to the Utah Division of Real Estate. The required bond amount is $25,000. The premium on this bond is typically as little as $188.
To Secure an Utah Mortgage Lenders 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.