Virginia Mortgage Lender Bond
Virginia mortgage lender licensees are required to have an electronic surety bond via NMLS in the amount of $50,000.
Bond Amount Required | Annual Premium |
$50,000 | $300 |
Note: A surety mortgage lender bond is not required for current mortgage broker licensees that are applying for dual authority, provided the mortgage broker licensee already has a valid surety bond in place for that license.