Down Payment
Down Payment Bonds
When developers hold down payments on their purchase agreements, the funds must be held idle in an escrow account.
As an experienced provider of Subdivision Bonds, FIA provides Downpayment Bonds which protect the interests of the home buyers while enabling the developer to use the funds in the construction process.
Residential
Here is what you will need to get started
-
Everything stated in the Items required for a Subdivision worksheet.
-
A completed Subdivision Bond Application.
-
A completed Personal Financial Statement.
-
Written confirmation of the financing for the project.
-
Watch this Short Video for more information.
Commercial
Here is what you will need to get started
-
Everything stated in the Items required for a Subdivision worksheet.
-
A completed Subdivision Bond Application.
-
A completed Personal Financial Statement.
-
Written confirmation of the financing for the project.
-
Watch this Short Video for more information.
Examples
Examples of Down Payment bond include:
-
Residential Housing
-
Commercial Housing
-
Condos
-
Townhouses
Providing A rated, T-listed Bonds in All States!
