Michigan secondary mortgage bonds expire December 31


The end of the year is quickly approaching, and in addition to winter weather, holiday shopping and family gatherings, there’s something else that should be on your mind: several types of surety bonds expire in December, including secondary mortgage surety bonds in Michigan, which expire on December 31.

Failure to maintain a proper surety bond could result in a loss of license. To continue practicing legally within the state of Michigan, all secondary mortgage brokers, lenders and servicers must renew their current surety bonds.

SuretyBonds.com has in-house surety experts who can renew secondary mortgage bonds in just a few minutes over the phone. Unless your credit score has changed in the past 12 months or the state has altered the required bond amount, you can expect to pay a similar rate for your bond as you paid last year.

What are you waiting for? Let the experts at SuretyBonds.com do all of the hard work to help you cross one item off your December to-do list! Call SuretyBonds.com at 1 (800) 308-4358 Monday through Friday between 8 a.m. to 7 p.m. CST, or contact an expert surety specialist online 24/7.

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