This bond is required for companies in Iowa that coordinate property appraisals for mortgage lenders. If you run a business that connects real estate appraisers with banks or lenders, you need this $25,000 bond. It protects the State of Iowa and consumers if your company breaks state laws, acts dishonestly, or fails t…
Overview
What it is.
This bond is required for companies in Iowa that coordinate property appraisals for mortgage lenders. If you run a business that connects real estate appraisers with banks or lenders, you need this $25,000 bond. It protects the State of Iowa and consumers if your company breaks state laws, acts dishonestly, or fails t…
Who usually needs it
Appraisal management companies (AMCs) operating in Iowa must obtain this $25,000 surety bond prior to registration. An AMC is a business that manages the appraisal process for real estate transactions, coordinating between lenders, appraisers, and other parties involved in property valuations.
Pricing & timing
What to expect.
Generic pricing
License bonds are required by state and local governments to ensure compliance with industry regulations. Typical Pricing:. • Small bonds (under $25,000): Typically $100–$250 per year (flat fee). • Larger license bonds: Commonly around 1–5% of the bond amount annually. • Credit impact: Good credit: starting around 1–2% · Average credit: typically 2–4% · Credit challenges: often 4–5% or higher. Same-day approval is typical for many common license bonds. Some license bonds may price higher de…
Typical timeframe
Issuance timeframe varies by bond type and underwriting
Application
What to do next.
Tell us the bond name, state, and amount on your form.
Share business and applicant info so the team can quote it.
Sign and pay; we issue the bond and send you the documents.
Keep your effective date and renewal date on file with us.
Start the application.
You are on the exact bond page. The next step is to start the quick application.
StateIABond amount$25,000ObligeeState of IowaBond classLicense BondCategoryReal EstateBondIowa Appraisal Management Company BondJurisdictionStatePlain descriptionThis bond is required for companies in Iowa that coordinate property appraisals for mortgage lenders. If you run a business that connects real estate appraisers with banks or lenders, you need this $25,000 bond. It prot…Who needs this bondAppraisal management companies (AMCs) operating in Iowa must obtain this $25,000 surety bond prior to registration. An AMC is a business that manages the appraisal process for real estate transactions, coordinating betw…
