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DFPI defines a PACE programme administrator as a business administering a programme on behalf of a public agency. It separately describes PACE solicitors and solicitor agents, often contractors and home improvement salespeople. Identify whether the actual request concerns the administrator or a separately licensed lender or broker. Purchasing this bond does not enrol a solicitor, grant a contractor license or establish a public agency's programme approval.

Section22112 requires at least $25,000, with one bond for multiple licensed locations. Its higher-bond rule addresses licensees employing mortgage loan originators and making or arranging residential mortgage loans; do not automatically import that volume schedule into a PACE-only request. The section requires original bonds, riders and endorsements to be filed within ten days of execution and provides for replacement security after recovery or when the commissioner requires it.

Purchase Now opens Propeller's California PACE Program Finance Lender and/or Broker application in a new tab. Bring the current DFPI request, exact entity and license identifiers, administrator or lender/broker role, relevant programme, accepted instrument, required sum and dates. Match the request before paying. Arrange execution, confirm accepted original-bond delivery and any NMLS instructions, complete the separate license or amendment and retain DFPI acceptance. The programme's NMLS license application is not by itself proof that every bond filing follows the same route.