IL appraisal management bonds.
$250. Five minutes.
Illinois requires every appraisal management company to post and maintain a $25,000 surety bond as a condition of registration with IDFPR. Ours is $250 flat — set by our carrier's rate book, with no credit information collected in the application.
Trusted by industry leaders
Three steps. One sitting.
Registration bonds are the simplest thing in surety. Here's the entire process:
Apply online
Business details and an effective date. That's the application — no financials, no credit fields, no follow-up scavenger hunt.
Pay & e-sign
Registration bonds like this are among the thousands of bond types that issue right after purchase. At most, 1–2 business days.
File with IDFPR
Your executed bond (IDFPR form IL505-0721) arrives by email, ready to file with your AMC registration application or renewal. Wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
Illinois requires appraisal management companies to register with IDFPR under the Illinois Appraisal Management Company Registration Act (225 ILCS 459). An AMC oversees panels of real estate appraisers for lenders, and the state conditions registration on a $25,000 surety bond filed under 225 ILCS 459/50.
The bond is for the recovery of expenses, fines, or fees due to or levied by IDFPR under the Act. If the AMC fails to pay sums due within sixty days, the surety pays the Department. You are the principal, the surety stands behind you, and IDFPR is the obligee.
It is not insurance for you — if the surety pays, you repay the surety. Maintaining the bond is a continuing obligation of registration, so we track it and notify you 60 and 30 days out, keeping your $25,000 filing continuous.
You need this bond if you're
Five minutes. The whole thing.
These are the actual issuing fields — no credit fields, because this bond's application doesn't collect credit information.
Start the application →Common questions.
If yours isn't here, the bond team can usually answer within the hour.
How much is the Illinois AMC bond? ▾
Do I pay the $25,000? ▾
What does the bond cover? ▾
Is there a credit check? ▾
When does it renew? ▾
Other Illinois bonds.
Finish your AMC registration today.
$250 flat, five-minute application, bond often issued in the same sitting. Free until issued.