What Is a Hawaii Appraisal Management Company Bond? 

The Hawaii Department of Commerce and Consumer Affairs (DCCA) requires all licensed appraisal management companies to have a $25,000 surety bond. 

Hawaii appraisal management company (AMC) bonds create a financial guarantee that AMCs will comply with state laws and pay their appraisers.

How Much Do Appraisal Management Company Bonds Cost in Hawaii?

You’ll pay a flat rate of $250 for a $25,000 Hawaii AMC bond. This covers a one year term. Or, you can save up to 25% by selecting a multi-year term. Get your bond today!

How Does a Hawaii AMC Bond Work? 

By purchasing an AMC bond, you enter a legal agreement between three parties.

How Do I Get an Appraisal Management Company Bond in Hawaii?

You can purchase your AMC bond instantly online! Just complete these four steps:

1. Enter your personal and business information
2. Checkout online 
3. Receive your bond in the mail
4. File your bond with the DCCA

How Fast Can I Get My Bond?

The DCCA requires you to file the physical bond form. Just select your preferred shipping method at checkout. We offer overnight, two-day and three-day shipping.

How Do I File My Bond? 

File your bond with the Hawaii DCCA along with your license application. Mail all materials to the following address:

Appraisal Management Company Program

DCCA-PVL Licensing Branch

P.O. Box 3469

Honolulu, HI 96801

If you prefer to submit your application packet in person, visit the following walk-in address:

335 Merchant Street, Room 301

Honolulu, HI 96813

How Do I Renew My AMC Bond?

Hawaii AMC bonds expire annually, unless you select a multi-year term. You’ll receive email and text reminders 90 days prior to the expiration date. 

Just follow the renewal instructions and pay the invoice online or over the phone to renew your bond for another term!

*Note: AMC licenses expire on December 31 of odd-numbered years. Be sure your surety bond is active as long as you plan to maintain your license.

How Do I Update My Bond Information?

If you need to update basic information like name and address, call or email our customer care team:

• [email protected]
• 1(800)-308-4358

A representative will assist you with a bond rider to correct your current bond or issue a new bond form if needed. 

How to Get a Hawaii Appraisal Management Company License

To get your license, you’ll submit an application to the DCCA. First, you’ll need to designate a “controlling person.” 

Hawaii defines a “controlling person” as an officer, director, or owner employed or appointed by the AMC with at least 10% interest. This person manages the AMC with the authority to do the following:

• Manage AMC policies
• Enter contracts with services requiring registration as an AMC
• Enter agreements with appraisers to perform appraisals

The controlling person must submit form AMC-04 and get a criminal history record check through Fieldprint Inc. to be approved. 

Then, complete the following steps to get your Hawaii AMC license:

1. Purchase a $25,000 surety bond
2. Complete the application form
3. Provide proof of LLC/LLP registration, if applicable
4. Attach a copy of your trade name registration application, if applicable
5. Provide processes and controls materials
6. Pay the appropriate fees
7. Pass the examination
8. Mail in your application packet with all attached forms

If your AMC is not located in Hawaii, you’ll need to complete an irrevocable consent to service form and submit a letter of good standing from the state your AMC is located. These forms must be attached to your application. 

Additionally, if you do not complete the license process and pass the examination within one year of application submission, your application will be considered abandoned and destroyed. 

Refer to the DCCA to learn more about Hawaii Appraisal Management Company Program requirements and forms.  

How Much Does It Cost To Get an AMC License?

It will cost at least $5,085 to get your Hawaii AMC license. See the complete cost breakdown below: