Kansas Supervised Lender License | $125,000 Supervised Lender License Surety Bond
Also known as: supervised lender license bond
Type of Bond
In Kansas, a supervised lender license bond refers to a type of surety bond that may be required for individuals or businesses seeking to obtain a supervised lender license within the state. The supervised lender license bond serves as a financial guarantee that the bonded party will comply with the laws, regulations, and licensing requirements governing supervised lending activities. It is typically required by the Kansas Office of the State Bank Commissioner or a similar regulatory authority. By obtaining a supervised lender license bond, the bonded party assures that they will conduct their lending activities in accordance with the applicable laws and regulations. This includes adherence to lending practices, consumer protection guidelines, and financial responsibility requirements. If the bonded party fails to fulfill their obligations or violates any laws or regulations related to supervised lending, a claim can be made against the bond. If the claim is valid, the bond provides financial compensation to cover any resulting damages or losses suffered by borrowers, consumers, or affected parties. The purpose of the supervised lender license bond is to protect the interests of borrowers and consumers and ensure the integrity of the lending industry. It helps ensure that licensed lenders operate responsibly, ethically, and in compliance with regulatory requirements. The bond provides a form of recourse for borrowers and affected parties to seek compensation in case of misconduct, fraudulent practices, or other breaches by the bonded party. It promotes accountability and consumer protection in the supervised lending sector in Kansas.
Program
The price you'll pay for your $125,000 Supervised Lender License Bond is generally based on your personal credit score. Start a free online quote by just completing a simple app or by calling 888-518-8011. Our experts will walk you through a very simple process. Compare our quote as the very lowest price, and then you're good to go! It's that simple!
We provide all types of $125,000 Supervised Lender License Bonds. Worldwide Insurance Specialists, Inc. has "in house" underwriting authority with the largest and best Surety (Insurance) companies in the world including, Great American, Liberty Mutual, Philadelphia, Travelers, and CNA Surety. All of these surety bond companies are A-rated under the AM Best credit rating system, and T-listed with the U.S. Department of Treasury. This guarantees that by getting bonded through us, you will be provided the backing of these highly trustworthy and reliable companies.
Application
The application process for a $125,000 Supervised Lender License Bonds is easy! Many Bonds are INSTANT ISSUE! Easy Application, no underwriting, no credit check, no GIA required. Our NEW Desktop underwriting program provides you with a rapid approval process used to determine the degree of risk that you (the Principle) complete a project or obligation. Non-INSTANT ISSUE quotes can also get instantly approved. Submissions require very little information from you. Once you file and sign an indemnity agreement, we issue the Bond. It's that simple! We quote and issue Surety Bonds of every type and will help you through the entire process. These applications only require basic information about your business, bond type, and ownership structure. Once the application is complete, we submit to the insurance company (Surety) who will then issue your bond. Don't pay too much! Get your Bond Fast, and Easy with the best price! Click here to start the Supervised Lender License Bond Application process.
The Kansas Supervised Lender License Bond amount is currently set at $125,000.
Obligee Information
An obligee is the entity that is requiring you to have the Supervised Lender License bond.
Obligee: State Of Kansas Office Of The State Bank Commissioner
Street: 700 Sw Jackson St Suite 300
State: Kansas
Zip: 66603
If you or your business needs help in obtaining a surety bond or commercial insurance give us a call!