10 Va. Admin. Code § 5-161-50
Current through Register Vol. 41, No. 10, December 30, 2024
The surety bond amount required to be filed and maintained by or on behalf of the licensee shall be set and adjusted as necessary annually by the bureau in accordance with the following scale based upon residential mortgage loans originated during the preceding calendar year:
| LOANS | BOND AMOUNT |
| $0 - $5,000,000 | $25,000 |
| $5,000,001 - $20,000,000 | $50,000 |
| $20,000,001 - $50,000,000 | $75,000 |
| $50,000,001 - $100,000,000 | $100,000 |
| over $100,000,000 | $150,000 |
10 Va. Admin. Code § 5-161-50
Statutory Authority
§ 6.2-1720 of the Code of Virginia.