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Platinum Bonds Insurance Agency

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Surety Bond

Entities (partnerships, corporations, etc.) applying for a Residential Mortgage Entity license in Utah to transact the business of residential mortgage loans. Required when: Application for or renewal of a Residential Mortgage Entity license. Exemptions: Depository institutions; certain government entities; individual…

Bond amount"Based on the dollar amount of Utah residential mortgage loans originated, arra…
State or jurisdictionUtah
ObligeeUtah Division of Real Estate

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.

Amounts can vary

Selected requirement: "Based on the dollar amount of Utah residential mortgage loans originated, arra…. Other available requirements: "Based on the dollar amount of Utah residential mortgage loans originated, arranged, or brokered during the prior calendar year: $25,000 for volume up to $10,000,000; $50,000 for volume between $10,000,001 and $30,000,000; $100,000 for vol…. Exact options still depend on the obligee, state, and underwriting.

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2323 yearsHelping clients and agents
Overview

What it is.

Entities (partnerships, corporations, etc.) applying for a Residential Mortgage Entity license in Utah to transact the business of residential mortgage loans. Required when: Application for or renewal of a Residential Mortgage Entity license. Exemptions: Depository institutions; certain government entities; individual…

Who usually needs it

Entities (partnerships, corporations, etc.) applying for a Residential Mortgage Entity license in Utah to transact the business of residential mortgage loans.

Pricing & timing

What to expect.

Generic pricing

Miscellaneous commercial bonds cover a wide range of business obligations not fitting other categories. Typical Pricing:. • Small bonds (under $25,000): Typically $100–$250 per year (flat fee). • Larger 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. Pricing varies by specific bond type and requirements. Some miscellaneous bonds may price higher depending on risk factors. Contact us for a specific quote.

Your quote determines the actual premium.

Typical timeframe

Credit-based approval — varies by bond type

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.

Platinum Bonds

Experience behind every bond.

Helpful guidance, a real agency team, and a clear path from research to application.

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“My bond application was processed and received very quickly.”

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“I highly recommend you do business with these folks.”

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23 years

Offering service to clients and agents alike.

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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