Foreclosure Consultant Bond

Get a Free Bond Quote!

Apply Online Get a Free Quote Buy Your Bond
Insurance brokers representing clients can apply here.
Powered by
  • Get a free foreclosure consultant bond quote online
  • Great bonding prices across the U.S.
  • Bad credit? Not a problem for us

Watch our video

How Do I Get Bonded?

What Is a Foreclosure Consultant Bond?

A number of states require foreclosure consultants to undergo a licensing or registration process, so that they can prove their suitability for conducting this responsible profession. In many cases, you need to provide a foreclosure consultant bond as a part of the license and registration requirements. This is a type of license bond.

The goal of foreclosure consultant bonds is to protect your customers and the state in which you operate. In case you transgress from applicable rules and regulations, a party that suffers damages as a result of your actions can file a claim against your bond. They can seek a reimbursement up to the penal sum of the bond you have obtained.

Your surety bond is a three-party contract. Your foreclosure consultancy business is the principal that needs to get the bond. The relevant state authority that requires it is the obligee. The third entity is the surety, which provides the bond and backs your company.

Questions about Foreclosure Consultant Bond

In which states do you have to obtain such a bond?


Foreclosure consultants in California need to register with the Attorney General's Office. As a part of the process, you have to post a $100,000 surety bond.

New Jersey

If you’d like to operate as a foreclosure consultant in New Jersey, you have to get a license with the state Commissioner of Banking and Insurance. Initial applicants need to obtain a $75,000 bond, provided in the official bond form. At the discretion of the Commissioner, the amount may be increased up to $250,000.


Indiana foreclosure consultants have to register with the Office of the Attorney General. You have to provide a $25,000 surety bond as a part of the process. You have to use the official bond form.

How much does a foreclosure consultant bond cost?

In order to get bonded, you have to cover only a small percentage of the bond amount that you are required to post in your state. This is called the bond premium. Depending on your finances, it is usually between 1% and 5% of the required amount.

What factors affect your surety bond cost? The most important ones include your personal credit score, business financials, and any assets and liquidity that you can showcase. Your professional experience can also be considered. By examining these criteria, your surety assesses the level of risk involved in bonding you. Your price is likely to be lower if your overall application is solid.

Surety Bond Cost Based on Credit Score
Surety bond name Surety bond amount Above 700 Between 650-699 Between 600-649 Below 599
California foreclosure consultant bond $100,000 $750-$1,500 $1,000-$2,500 $2,500-$5,000 $5,000-$10,000
New Jersey foreclosure consultant bond $75,000 to $250,000 $562.5-$1,125 to $1,875-$3,750 $750-$1,875 to $2,500-$6,250 $1,875-$3,750 to $6,250-$12,500 $3,750-$7,500 to $12,500-$25,000
Indiana foreclosure consultant bond $25,000 $187.5-$375 $250-$625 $625-$1,250 $1,250-$2,500

* This table provides a ballpark estimate of potential bond costs. Bond pricing can fluctuate over time due to a number of factors. For exact pricing, please complete an application.

What if I have bad credit?

With Lance Surety Bonds you can get bonded even if you have problematic finances. We run our Bad Credit Surety Bonds program for applicants with a low credit score, tax liens, bankruptcies, and civil judgements.

The usual bad credit bond rates are between 5% and 10%. The higher price is needed to compensate for the increased bonding risk. As we work with numerous A-rated, T-listed surety companies, we are still able to provide you with a top bond price, whatever your credit score is.

How do I get a foreclosure consultant bond?

Need more details about the way bonding works? Here is our in-depth How to Get Bonded page.

For further questions, you can always contact us at (877) 514-5146. Our surety bond specialists will happily help you out.

START YOUR APPLICATION It's FREE. No Obligations. Approval in Minutes.

About Us

Lance Surety Bonds
Lance Surety Bond Associates, Inc. is a Pennsylvania-based surety bond agency that offers bonding at competitive rates in all 50 states. Established in 2010, our company has grown to become one of the top online bond producers in the country. Working exclusively with A-rated and T-listed bonding companies gives us the confidence to offer a 100% money-back guarantee. read more

Still Have Questions? Check Our FAQ Pages

What Our Clients Have To Say?

  • Kimberlee Ables
    Quick response times and turn around for issuing bonds. Great customer service and very knowledgeable. We have used Lance Surety multiple times and have never been disappointed. Highly recommend them and Collette!
  • Andrew Poincot
    Long story short, these guys cut through the B.S. and get the job done. Responsiveness, excellent! Communication, excellent! Respect for their industry partners, excellent! John, Collette, Ryan, you're all-stars! Thank you!
  • Margie Martinez
    We decided for Lance Surety Bond's quote for 2 reasons; Price and Customer Service. Our Representative Ryan was just SUPERB!! [...] I highly recommend Lance Surety Bond for all your Bonding needs! I'll definitely come back for all of mine. :-) Thanks Ryan!

As Featured In