The California Foreclosure Consultant Surety Bond is required by the California Secretary of State in order to register as a Foreclosure Consultant in this state.
A foreclosure consultant is any person who makes an offer to an owner to provide services such as:
In order to legally operate as a Foreclosure Consultant in California, you must obtain a Certificate of Registration as a Mortgage Foreclosure Consultant from the Department of Justice. To do so, you must submit the following:
In 2009, then Attorney General of California Edmund Brown Jr. wanted to stop the growing number of scam artists that were preying on distressed homeowners. He issued a directive that, in part, created the requirement for the California Foreclosure Consultant Surety Bond. As a part of registration, foreclosure consultants operating in California had to provide the following information:
After these have been reviewed, the foreclosure consultant is given registration to show they legally operate within the State of California.
To obtain a California Foreclosure Consultant Surety Bond, all you need to do is take a few minutes to fill out our free online application! Within one business day one of our licensed agents will contact you with a no-obligation quote for the price to obtain your bond (the “premium”). Once any necessary paperwork is signed and the premium payment is processed, your surety bond will be shipped to you via USPS Priority Mail (overnight shipping options also available).
The surety bonding experts at Surety Solutions Insurance Services, Inc. (Surety1) are here to help you get bonded quickly and reliably. We work with over a dozen “A” rated surety markets to ensure we find you the lowest rate for your bond. We are also licensed in all 50 states and maintain an A+ rating by the Better Business Bureau!