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New Mexico Manufactured Housing Installer Bond

A New Mexico Manufactured Housing Installer Bond is a $10,000 guarantee required for professionals who install manufactured or mobile homes in New Mexico. This bond protects homeowners and the state by ensuring installers follow proper safety standards and building codes. If an installer does faulty work or doesn't me…

Bond amount$10,000
State or jurisdictionNew Mexico
ObligeeState of New Mexico

Essential point: Pin down whether this is your bond, then start the application. Ava can confirm the right state and license type if you are not sure.

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Overview

What it is.

A New Mexico Manufactured Housing Installer Bond is a $10,000 guarantee required for professionals who install manufactured or mobile homes in New Mexico. This bond protects homeowners and the state by ensuring installers follow proper safety standards and building codes. If an installer does faulty work or doesn't me…

Who usually needs it

Manufactured home installers licensed by the New Mexico Manufactured Housing Division must obtain this bond. This includes holders of MHD installer licenses (MHD-1, MHD-2, or MHD-3) who perform tasks such as blocking, leveling, utility connections, foundation installation, alterations, modifications, gas piping service, and plumbing/electrical repairs on ma…

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 depending on the specific bond type, state program, or underwriting requirements.

Your quote determines the actual premium.

Typical timeframe

Issuance timeframe varies by bond type and underwriting

Timing can change when underwriting needs more information.
Application details

How it works.

  1. Start the application

    Confirm the bond and provide applicant and business details.

  2. Review the quote

    See the terms and premium before deciding to continue.

  3. Pay and sign

    Complete the required payment and signatures.

  4. Receive the bond

    Get the issued bond and filing or delivery instructions.

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Next step

Ready to move forward?

Start the secure application with this bond already selected, or ask Ava a question before you begin.

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