A Fidelity Series 15 Bond is often required by Mortgage and Warehouse Lenders to transact business. Are you in compliance? CRES has competitive rates and comprehensive coverages.
Policy Features:
Coverage for in house escrow agents/employees
Enhanced fidelity agreement to include loss for the financial benefit of third parties
Fraudulent document coverage
Computer fraud coverage
Coverage for independent contractors
On-premises and transit coverage
Forgery and securities coverage
Coverage for investigation expenses, subject to a $100,000 sub limit
Direct loss payee coverage for warehouse lenders and investors
Theft of warehouse lenders' funds coverage
Limits available up to $2,000,000 (Higher limits may be available)
Deductibles start at $10,000
Surety Bonds
Are you looking to demonstrate your credibility? Are you looking to provide assurance to a lender that payment will be made? Then you need a surety bond. A surety bond is used to induce the lender to contract with you by using the insurance company's financial strength, and prove that you are credible and the loan will be repaid.
Features:
Quick turnaround on quotes
Available in most states
Contact your Account Executive at (800) 880-2747 for more details or email sales@cresdirect.comand we'll contact you.
Email your Company Name and current Policy's expiration datehereand we'll follow up with you 30 days before your renewal date.
