If you are engaged in the operation of an escrow company in New Mexico you are required by the State of New Mexico Financial institutions Division Regulation and Licensing Department to file a New Mexico Escrow Company Bond as a condition of licensure.
Bonds Express offers a New Mexico Escrow Company Bond with a 99% approval rate.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The New Mexico Escrow Company Bond holds you accountable for your business decisions.
By possessing a New Mexico Escrow Company Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.