Washington Mortgage Loan Originator Bond

Published: May 8, 2013
Washington HB 1328/SB 5210

This new law updates the previous surety bond requirement for WA Mortgage Loan Originators.  This bill has changed the time period with which a claim can be brought against a bond, eliminating the statute of limiations.  Now, a claim must be made within one year from the date the violation occurred.

For a free quote in minutes, apply online or call us at 877-514-5146.  Lance Surety offers excellents rates and fast turnaround time!

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Victor Lance is the founder and president of Lance Surety Bond Associates, Inc. He began his career as an officer in the U.S. Marine Corps, serving two combat tours. As president of Lance Surety, he now focuses on educating and assisting small businesses throughout the country with various license and bond requirements. Victor graduated from Villanova University with a degree in Business Administration and holds a Masters in Business Administration (MBA) from the University of Michigan's Ross School of Business.