Hometown Bond Program

Instant Credit Bond Program Approval

Single limit up to $250,000 | Aggregate limit up to $500,000

What kind of bond are you looking for?

Designed for the local contractor who requires infrequent bid and performance bonds.  The goal of this program is to help you Get Direct.® and grow into the Partnership Account®. Financial statements are not required.


Underwriting Parameters:

  • Minimum personal credit score of 650 for all Principals 
  • Contract must be located within 50 miles of the contractors home base
  • Contract performed must be self performed
  • Contract Work must be within the contractor’s specialty
  • Copy of your bid specifications or contract
  • Bid bond request form (see attached)
  • Performance bond request form (see attached)
  • Engineer’s estimate and bid results
  • Contractor Trust Plan participation required.

Application and Hometown 

  • Application fee $150.00 (The fee will be refunded if your application is not accepted)
  • Hometown Undertaking and Management fee agreement $500.00

Premium Rate:

  • 2.5%  per thousand

Hometown Program Documentation (PDF format)