2. Client submits (if they have one) an approval letter from a Bank stating that the funding group will fund the Financial Guaranty Bond that is being issued on their behalf.

3. If you have no bank to issue the approval letter, we MAY have a funder set in place for your clients.

4. From this point the deal in whole is reviewed by the Bond House that actually issues the FGB to the client’s funding source.

At this point it is important to let you know how the deal is worked from here on out. After the Bond House reviews and approved the client, we will give the client an outline,, as to what the costs involved are. The Bond House charges, normally, 2% per deal. These fees may be altered as to the deal, although 2% is the NORMAL MAXIMUM. The client will be transferring their funds, of which constitutes a down-payment on the 2% total to a THIRD PARTY escrow account, here in the States. The fee is paid as the down payment, and then after the instrument is issued to the client’s bank.

The Bond House releases the instrument to the client’s funding institution 72 hours after the down payment is made to the escrow account. The above referenced attachment refers to 48 hours; however that is by fax or email, the actual FGB is hand couriered to the institution. At that point the lender for the client will make the loan to said client and the client has UP TO 21 DAYS depending upon the deal to pay the remainder of the fees to the Bond House.

Each client must sign a minimum 5% fee agreement with us to be paid when your loan closes with the funder.

Please review this and let me know. Each of you have current projects in, or waiting to get into, some sort of program that is trying to get funded.

This program is bonded, insured, escrowed and safe. If you have the ability to take your project through this program, we must start. It is my goal to get each of your projects done, thoroughly, and efficiently.

E-Mail info to joegielarowski@gmail.com

Regards
Joe