The straight forward answer is no. A bond originator works entirely on a risk basis and if a bond application is successful, the approving bank pays the bond originator a commission.

Bond originators are professionals who depend on your bond application being successful in order to earn an income and for this reason they will prepare your application and present it to the banks in a manner that best represents you as a low risk customer.

A bond originator represents numerous prospective bond applicants which gives them leverage, which they will use on behalf of all of their customers to secure a bond approval and walk you through the entire process from document collection to final approval and registration of your bond. The bond originator only gets paid his commission from the bank once the bond is registered over the property and is your single point of reference during the process. They will contact the attorneys and banks during the registration process to ensure that the registration is completed in the shortest possible time frame.