This surety bond is required by the State of Wyoming Department of Audit under the Wyoming Statutes sections 40-23-101 through 40-23-133. In the event that the principal fails to faithfully perform its obligations with respect to transactions governed under the Wyoming Residential Mortgage Practices Act, then the surety shall indemnify and pay to the State of Wyoming, or a claimant or authorized representative of a claimant, all costs and damages by reason of principal’s failure to so perform. The required bond amount varies, but regardless of the amount you need, Surety1 can provide it quickly and at a competitive price.
To Get a Wyoming Surety Bond for Mortgage Lenders and Brokers:
- 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.