Virginia Mortgage Broker Bond

Virginia mortgage broker bonds ensure that mortgage brokers in the state comply with all rules and regulations that govern their industry. They are meant to protect your customers. These bond amounts range from $25,000-$150,000 depending on the volume of residential mortgages closed in preceding calendar year. The NNA has secured premiums of $6 per $1,000 in liability for all Virginia mortgage brokers to obtain this bond without a credit check.