MN dealer subagency bonds.
$600 flat. Soft pull.
A Minnesota manufactured home dealer with more than one location designates additional places of business as subagencies — each licensed and bonded with the Department of Labor and Industry under Minn. Stat. 327B.04. This subagency bond is $20,000, ours is $600 flat at 3%. One soft credit pull, which affects approval, never the price.
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Three steps to filed.
Your subagency license is waiting on this bond. Here's the entire process — no broker phone tag:
Apply once, online
Business details, owner information, and an effective date. The only extra step is a one-time consent to a soft credit pull.
Reviewed & approved
Most of these clear quickly; if underwriting needs anything, you hear from an underwriter within 48 hours. The credit check is a soft pull that never affects your score.
E-sign & file with the Department of Labor and Industry
Pay online and receive the executed bond, ready to file with your subagency license application. Wet-ink originals mailed whenever the state insists.
The whole pricing page.
$20,000 bond × 3% = $600, one-time per term. Fixed amount, fixed price, multi-year if you want it.
What it is and who needs it.
What the subagency bond actually guarantees
Under Minn. Stat. 327B.04, a manufactured home dealer with a place of business at more than one location designates one as its principal place of business and the others as subagencies. Each subagency is separately licensed by the Department of Labor and Industry and carries its own surety bond.
Like the principal dealer bond, the subagency bond is $20,000 for the protection of consumer customers, conditioned on faithful compliance with the laws and rules governing your business as a dealer — including Minn. Stat. 325D.44, 325F.67, and 325F.69 — and faithful performance of obligations to consumers at that location.
It is not insurance for you — if the surety pays a claim, you repay the surety. At this stage we run one soft credit pull as part of underwriting; it informs approval, never the flat 3% price.
You need this bond if you're
Five minutes. The whole thing.
These are the actual underwriting fields, including a one-time consent to a soft credit pull. Submit once and your bond is typically issued within 1–2 business days.
Start the application →Common questions.
If yours isn't here, the bond team can usually answer within the hour.
How much is the subagency bond? +
Do I pay the $20,000? +
What is a subagency? +
Is there a credit check? +
When does it renew? +
Other New York bonds.
Subagency bond, in 1–2 days.
$600 flat, five-minute application, soft pull only, e-signed bond in 1–2 business days. Free until issued.