A Missouri Appraisal Management Company Bond is a $20,000 financial guarantee required for businesses that manage home appraisers in Missouri. This bond protects the state and consumers if the company breaks state laws or regulations, such as failing to pay appraisers or conducting business dishonestly. If the company…
Overview
What it is.
A Missouri Appraisal Management Company Bond is a $20,000 financial guarantee required for businesses that manage home appraisers in Missouri. This bond protects the state and consumers if the company breaks state laws or regulations, such as failing to pay appraisers or conducting business dishonestly. If the company…
Who usually needs it
Appraisal management companies (AMCs) operating in Missouri must obtain this $20,000 surety bond. An AMC is defined as an individual or business entity that utilizes an appraisal panel and performs appraisal management services for a fee, including any person or entity that directly or indirectly manages appraisals as a business function.
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.
StateMOBond amount$20,000ObligeeState of MissouriBond classLicense BondCategoryReal EstateBondMissouri Appraisal Management Company BondJurisdictionStatePlain descriptionA Missouri Appraisal Management Company Bond is a $20,000 financial guarantee required for businesses that manage home appraisers in Missouri. This bond protects the state and consumers if the company breaks state laws …Who needs this bondAppraisal management companies (AMCs) operating in Missouri must obtain this $20,000 surety bond. An AMC is defined as an individual or business entity that utilizes an appraisal panel and performs appraisal management …
