Virginia mortgage license surety bonds

Virginia Mortgage License Bonds

Virginia mortgage lenders, mortgage brokers, dual-authority mortgage companies, mortgage loan originators, branch offices, and related mortgage businesses may need surety bond coverage for licensing through the Virginia State Corporation Commission Bureau of Financial Institutions. Jet Insurance Company helps Virginia mortgage professionals quote, purchase, renew, replace, and manage the bond required for their Virginia mortgage license or NMLS filing.

Use this page to compare Virginia Mortgage Broker, Mortgage Lender, Dual Mortgage Lender/Broker, Mortgage Loan Originator, company MLO coverage, branch, and Mortgage Broker, Lender and/or Servicer bond requirements, view Jet pricing, and get filing support for your Virginia mortgage license.

Need help? Call (855) 516-3348 or email [email protected].

Last updated: July 2026. Virginia mortgage bond requirements can change. Confirm the final license type, bond amount, prior-year Virginia residential mortgage loan volume, MLO coverage, NMLS record, and Virginia SCC Bureau of Financial Institutions checklist before filing.

Virginia Mortgage Bond Quick Answers

Which bonds are covered?

This page covers Virginia Mortgage Broker Bonds, Mortgage Lender Bonds, Dual Mortgage Lender/Broker Bonds, Mortgage Loan Originator Bonds, Company MLO Coverage Bonds, Branch Office Bond guidance, and Mortgage Broker, Lender and/or Servicer Bonds.

Who regulates these licenses?

The Virginia State Corporation Commission Bureau of Financial Institutions regulates Virginia mortgage lenders, mortgage brokers, and mortgage loan originators.

What are the common limits?

Virginia mortgage broker bonds start at $25,000. Virginia mortgage lender and dual-authority bonds start at $50,000. Virginia bond amounts can increase to $75,000, $100,000, or $150,000 based on prior-year residential mortgage loan volume.

How do I get help?

Call (855) 516-3348 or email [email protected].

Choose Your Virginia Mortgage License Bond

The correct Virginia mortgage bond depends on whether the business is licensed as a mortgage broker, mortgage lender, dual-authority mortgage company, or whether the bond is covering individual mortgage loan originators. Virginia mortgage lender, mortgage broker, branch, and MLO applications use NMLS, but the bond amount depends on the license type and prior-year residential mortgage loan volume.

Mortgage Broker Bond

For Virginia mortgage brokers that directly or indirectly negotiate, place, or find mortgage loans for others, or offer to negotiate, place, or find mortgage loans for others.

Minimum bond limit: $25,000

Adjusted limits: $25,000 to $150,000 based on prior-year residential mortgage loan volume

Starting price: $125 for one year or $13 monthly for the $25,000 bond.

Get Mortgage Broker Bond Quote

Mortgage Lender Bond

For Virginia mortgage lenders that directly or indirectly originate or make mortgage loans secured by one-to-four-family residential property in Virginia.

Minimum bond limit: $50,000

Adjusted limits: $50,000 to $150,000 based on prior-year residential mortgage loan volume

Starting price: $249 for one year or $25 monthly for the $50,000 bond.

Get Mortgage Lender Bond Quote

Dual Mortgage Lender/Broker Bond

For Virginia mortgage companies with dual authority as both a mortgage lender and mortgage broker.

Minimum bond limit: $50,000

Adjusted limits: $50,000 to $150,000 based on prior-year residential mortgage loan volume

Starting price: $249 for one year or $25 monthly for the $50,000 bond.

Get Dual Authority Bond Quote

Mortgage Loan Originator Bond

For Virginia MLO applicants who are not employees or exclusive agents of a licensed or exempt mortgage company, and for MLO coverage situations where an individual bond is required.

Bond limits: $25,000 to $150,000

Amount basis: Prior-year residential mortgage loan volume originated by the applicant or covered company

Starting price: $125 for one year or $13 monthly for the $25,000 bond.

Get MLO Bond Quote

Company MLO Coverage Bond

For Virginia licensed or exempt companies that file a surety bond covering employees and exclusive agents who hold or apply for a Virginia Mortgage Loan Originator License.

Common bond limits: $25,000 to $150,000 depending on loan volume and company license type

Coverage note: A bond filed under the mortgage lender/broker chapter may be applied toward the MLO bond requirement if approved by the Commission.

Get Company Coverage Help

Mortgage Branch Bond Guidance

For Virginia mortgage branch applications and office locations submitted through NMLS.

Bond requirement: Usually tied to the licensed mortgage broker, lender, or dual-authority company bond

Important note: Confirm the current Virginia NMLS branch checklist before ordering a separate branch-related bond or rider.

Get Branch Bond Help

Broker, Lender and/or Servicer Bond

For businesses whose Virginia or NMLS requirement references broader mortgage broker, mortgage lender, MLO, company coverage, branch, or dual-authority coverage.

Common limits: $25,000, $50,000, $75,000, $100,000, or $150,000

Starting price: $125 for one year for a $25,000 bond or $249 for one year for a $50,000 bond.

Get Combined Bond Help

Important: Virginia mortgage broker bonds start at $25,000, while mortgage lender and dual-authority mortgage company bonds start at $50,000. The annual bond amount can increase up to $150,000 based on the residential mortgage loans originated during the preceding calendar year. Virginia MLO coverage can be individual or company-filed depending on employment or exclusive-agency status.

Virginia Mortgage License Bond Pricing

Jet pricing below follows the same mortgage bond pricing method used on the other state pages, with a $79 minimum one-year premium. The one-year price is generally 0.5% of the bond limit. If the calculated one-year price ends in zero, Jet subtracts $1 before calculating multi-year options. The two-year price is 1.75 times the one-year price, and the three-year price is 2.5 times the one-year price. Monthly pricing is 10% of the one-year price, rounded when needed.

Bond Limit Common Virginia Use Monthly 1 Year 2 Years 3 Years
$25,000 Mortgage Broker minimum, MLO minimum, or lowest volume tier $13 $125 $219 $313
$50,000 Mortgage Lender minimum, dual-authority minimum, or second volume tier $25 $249 $436 $623
$75,000 Mortgage broker, lender, dual-authority, or MLO volume tier $38 $375 $656 $938
$100,000 Mortgage broker, lender, dual-authority, or MLO volume tier $50 $499 $873 $1,248
$150,000 Highest Virginia mortgage bond volume tier $75 $749 $1,311 $1,873

Pricing shown is preferred-tier pricing and may vary based on underwriting approval, bond form, selected term, effective date, final required bond amount, license type, prior-year residential mortgage loan volume, NMLS filing status, and Virginia SCC Bureau of Financial Institutions requirements.

Get Virginia Mortgage Bond Pricing

Start a quote online and select the Virginia bond that matches your license or NMLS checklist. Jet can help confirm whether you need a Mortgage Broker Bond, Mortgage Lender Bond, Dual Mortgage Lender/Broker Bond, Mortgage Loan Originator Bond, company MLO coverage bond, branch guidance, or Mortgage Broker, Lender and/or Servicer Bond.

Questions? Call (855) 516-3348 or email [email protected].

Get My Virginia Mortgage Bond Quote

Virginia Mortgage Bond Requirements

Virginia requires a person to obtain a license before engaging in business as a mortgage lender or mortgage broker, or holding themselves out to the public as a mortgage lender or mortgage broker. Virginia mortgage lender and broker licensees must register through NMLS and follow both Virginia and NMLS registration and renewal requirements.

Virginia requires each mortgage lender or mortgage broker licensee to file and continuously maintain a surety bond with the commissioner. The minimum bond amount is $25,000 for a mortgage broker and $50,000 for a mortgage lender or a mortgage company with dual authority as both a mortgage lender and mortgage broker. The amount is adjusted annually based on prior-year residential mortgage loan volume.

Virginia License or Authority Bond Amount How the Requirement Works Quote
Mortgage Broker License $25,000 minimum; up to $150,000 based on volume Required for Virginia mortgage brokers. Bond amount is adjusted annually based on residential mortgage loans originated during the preceding calendar year. Get Quote
Mortgage Lender License $50,000 minimum; up to $150,000 based on volume Required for Virginia mortgage lenders. Lenders also must maintain at least $200,000 in available funds for business operations. Get Quote
Dual Mortgage Lender/Broker Authority $50,000 minimum; up to $150,000 based on volume Required for companies with both mortgage lender and mortgage broker authority. A $50,000 minimum applies to dual authority. Get Quote
Mortgage Loan Originator Bond $25,000 minimum; up to $150,000 based on volume Required for MLO applicants not covered by a company bond. The amount is based on the applicant’s prior-year residential mortgage loan volume. Get Quote
Company MLO Coverage Bond $25,000 to $150,000 depending on volume and license type A licensed or exempt company may file a bond covering employee or exclusive-agent MLOs. A bond already filed under the mortgage lender/broker chapter may be applied toward the MLO bond requirement if approved. Get Help
Mortgage Branch Office Confirm current NMLS checklist Virginia branch applications are submitted through NMLS. Branch coverage is usually tied to the company license bond, but confirm whether a rider or additional filing is needed. Get Help
Mortgage Broker, Lender and/or Servicer $25,000 to $150,000 depending on license type and volume Use the Virginia mortgage bond schedule that matches the broker, lender, dual-authority, MLO, or company coverage requirement. Get Quote

Filing note: Virginia mortgage lender/broker applications, branch applications, and MLO applications are submitted through NMLS. Confirm the legal name, license type, bond amount, NMLS ID, volume tier, MLO coverage status, effective date, and Virginia SCC checklist before ordering.

Virginia Mortgage Bond Amounts

Virginia uses the same loan-volume schedule for mortgage lender, mortgage broker, dual-authority, and MLO bond amounts, but the minimum differs by license type. Mortgage brokers and MLOs start at $25,000, while mortgage lenders and dual-authority companies start at $50,000.

Virginia Mortgage Bond Volume Schedule

Residential Mortgage Loans Originated During Preceding Calendar Year Required Bond Amount Jet Monthly Price Jet 1-Year Price
$0 to $5,000,000 $25,000 $13 $125
$5,000,001 to $20,000,000 $50,000 $25 $249
$20,000,001 to $50,000,000 $75,000 $38 $375
$50,000,001 to $100,000,000 $100,000 $50 $499
Over $100,000,000 $150,000 $75 $749

Minimum Bond Amount by Virginia License Type

Virginia Requirement Minimum Bond Amount Possible Adjusted Amount Starting Jet 1-Year Price
Mortgage Broker License $25,000 Up to $150,000 $125
Mortgage Lender License $50,000 Up to $150,000 $249
Dual Mortgage Lender/Broker Authority $50,000 Up to $150,000 $249
Mortgage Loan Originator Bond $25,000 Up to $150,000 $125

Volume note: For MLOs covered by a company bond, the company is responsible for providing information sufficient for determining and verifying the total residential mortgage loan volume used to set the bond amount. For individual MLO bonds, the applicant’s individual prior-year volume is used.

Virginia Mortgage Broker Bond

The Virginia Mortgage Broker Bond applies to mortgage brokers licensed under Chapter 16 of Title 6.2 of the Code of Virginia. A mortgage broker directly or indirectly negotiates, places, or finds mortgage loans for others, or offers to negotiate, place, or find mortgage loans for others.

License Type

Virginia Mortgage Broker License.

Bond Limits

$25,000 minimum; adjusted annually up to $150,000 based on residential mortgage loan volume.

Starting Price

$125 for one year or $13 monthly for the $25,000 bond.

Use this option when the Virginia or NMLS checklist references Mortgage Broker License, mortgage broker bond, broker authority, negotiated mortgage loans, placed mortgage loans, or mortgage broker company coverage.

Get Virginia Mortgage Broker Bond Quote

Virginia Mortgage Lender Bond

The Virginia Mortgage Lender Bond applies to mortgage lenders licensed under Chapter 16 of Title 6.2 of the Code of Virginia. A mortgage lender directly or indirectly originates or makes mortgage loans secured by one-to-four-family residential property located in Virginia.

Virginia mortgage lenders must file and continuously maintain the required surety bond. They also must maintain at least $200,000 in funds available for the operation of the business.

License Type

Virginia Mortgage Lender License.

Bond Limits

$50,000 minimum; adjusted annually up to $150,000 based on residential mortgage loan volume.

Starting Price

$249 for one year or $25 monthly for the $50,000 bond.

Use this option when the Virginia or NMLS checklist references Mortgage Lender License, mortgage lender bond, originating mortgage loans, making mortgage loans, or Virginia lender authority.

Get Virginia Mortgage Lender Bond Quote

Virginia Dual Mortgage Lender/Broker Bond

The Virginia Dual Mortgage Lender/Broker Bond applies to companies with authority as both a mortgage lender and a mortgage broker. Virginia sets the minimum bond amount for a mortgage company with dual authority at $50,000, with annual adjustment up to $150,000 based on prior-year residential mortgage loan volume.

Authority Type

Virginia Mortgage Lender and Mortgage Broker dual authority.

Bond Limits

$50,000 minimum; adjusted annually up to $150,000.

Starting Price

$249 for one year or $25 monthly for the $50,000 bond.

Use this option when the Virginia or NMLS checklist references dual authority, mortgage lender and broker, mortgage company with dual authority, or lender/broker bond coverage.

Get Virginia Dual Authority Bond Quote

Virginia Mortgage Loan Originator Bond

The Virginia Mortgage Loan Originator Bond applies to individual MLO applicants who are not employees or exclusive agents of a licensed or exempt person under Chapter 16. In that case, the applicant files an individual surety bond. If the MLO is an employee or exclusive agent of a licensed or exempt company, the company files a surety bond covering those MLOs.

The Virginia MLO bond amount starts at $25,000 and may increase to $50,000, $75,000, $100,000, or $150,000 based on residential mortgage loans originated during the preceding calendar year.

License Type

Virginia Mortgage Loan Originator License.

Bond Limits

$25,000 to $150,000 based on prior-year residential mortgage loan volume.

Starting Price

$125 for one year or $13 monthly for the $25,000 bond.

Use this option when the Virginia or NMLS checklist references MLO bond, mortgage loan originator surety bond, individual MLO bond, non-sponsored MLO coverage, or MLO coverage under Chapter 17.

Get Virginia MLO Bond Quote

Virginia Company MLO Coverage Bond

Virginia allows a person licensed or exempt from licensing under Chapter 16 to file a surety bond covering employees and exclusive agents who hold or apply for Virginia Mortgage Loan Originator Licenses. A bond already filed with the Commission under the mortgage lender/broker chapter may be applied toward the minimum MLO bond requirement if approved by the Commission.

Coverage Type

Company-filed bond covering employee or exclusive-agent MLOs.

Bond Limits

$25,000 to $150,000 depending on loan volume and license type.

Filing Note

Company coverage documentation may be used for covered MLO applicants.

Use this option when the Virginia or NMLS checklist references covered MLOs, company coverage, employee MLOs, exclusive-agent MLOs, or a company bond filed on behalf of MLOs.

Get Virginia Company MLO Coverage Help

Virginia Mortgage Branch Bond Guidance

Virginia applicants for new mortgage lender/broker branches must submit branch applications through NMLS. The surety bond requirement is usually tied to the licensed mortgage company rather than a standalone branch bond, but branch openings, relocations, and office changes should be checked against the current Virginia NMLS checklist.

Filing Type

Virginia mortgage branch office or office location filing.

Common Coverage

Company mortgage broker, lender, or dual-authority bond.

Jet Help

Jet can help confirm whether a rider, bond amount change, or separate filing is needed.

Get Virginia Branch Bond Help

Virginia Mortgage Broker, Lender and/or Servicer Bond

The Virginia Mortgage Broker, Lender and/or Servicer Bond option is for businesses whose Virginia SCC, Bureau of Financial Institutions, or NMLS requirement references broader mortgage broker, mortgage lender, dual-authority, branch, MLO, or company coverage language.

Authority Type

Virginia mortgage broker, lender, dual lender/broker, branch, or MLO coverage.

Common Bond Limits

$25,000, $50,000, $75,000, $100,000, or $150,000.

Starting Price

$125 for one year for a $25,000 bond or $249 for one year for a $50,000 bond.

Use this option when the Virginia or NMLS requirement references mortgage broker, mortgage lender, dual authority, mortgage company, MLO coverage, branch, or combined mortgage activity rather than a narrower bond title.

Get Virginia Broker/Lender/Servicer Bond Quote

Virginia Mortgage Bond Comparison

Virginia mortgage bond requirements depend on the license type, whether the company holds broker, lender, or dual authority, and whether the bond covers individual MLOs or company employees and exclusive agents.

Requirement Regulator Bond Amount Main Filing Point
Mortgage Broker Bond Virginia SCC Bureau of Financial Institutions $25,000 minimum; up to $150,000 based on volume NMLS company license record
Mortgage Lender Bond Virginia SCC Bureau of Financial Institutions $50,000 minimum; up to $150,000 based on volume NMLS company license record
Dual Lender/Broker Bond Virginia SCC Bureau of Financial Institutions $50,000 minimum; up to $150,000 based on volume NMLS company license record
Mortgage Loan Originator Bond Virginia SCC Bureau of Financial Institutions $25,000 minimum; up to $150,000 based on volume NMLS MU4 and Bureau proof of coverage
Company MLO Coverage Bond Virginia SCC Bureau of Financial Institutions $25,000 to $150,000 depending on volume and license type NMLS company record or documentation of coverage
Branch Office Bond Guidance Virginia SCC Bureau of Financial Institutions Usually tied to company bond; confirm checklist NMLS branch record

How Virginia Mortgage Bond Quotes Work

1

Confirm the Virginia License

Identify whether the checklist references Mortgage Broker, Mortgage Lender, dual lender/broker authority, Mortgage Loan Originator, company MLO coverage, or branch office filing.

2

Confirm the Bond Amount

Use $25,000 for the broker or MLO minimum, $50,000 for the lender or dual-authority minimum, or the annual volume schedule up to $150,000.

3

Buy and File

After purchase, Jet provides the bond or filing guidance based on the current Virginia SCC Bureau of Financial Institutions and NMLS process.

Start My Virginia Mortgage Bond Quote

Need a Virginia Mortgage License Bond?

Jet can help you choose the correct Virginia Mortgage Broker Bond, Mortgage Lender Bond, Dual Mortgage Lender/Broker Bond, MLO Bond, company MLO coverage bond, branch guidance, or Mortgage Broker, Lender and/or Servicer Bond, review pricing, and get the bond issued for licensing.

Virginia mortgage bond pricing starts at $125 for one year for a $25,000 broker or MLO bond, $249 for one year for a $50,000 lender or dual-authority bond, and $749 for one year for a $150,000 high-volume bond.

Questions? Call (855) 516-3348 or email [email protected].

Get My Virginia Bond Quote

How Are Virginia Mortgage Bonds Filed?

Virginia mortgage lender/broker license applications, branch applications, and MLO applications are submitted through NMLS. Virginia law requires the bond to be filed with the Commission or Bureau on an approved form, and MLO applicants must have a bond or documentation of company coverage filed within the required application process.

The bond should match the legal name, individual name when applicable, license type, NMLS ID, bond amount, effective date, prior-year Virginia residential mortgage loan volume, and whether the coverage is individual or company-filed.

NMLS Filing

Virginia mortgage lender/broker licenses, branch applications, and MLO applications are submitted through NMLS.

Company Coverage

Employee and exclusive-agent MLOs may be covered by a company-filed bond if the coverage meets Virginia requirements and is accepted by the Commission.

Bond Changes

Contact Jet before changing the legal name, DBA, NMLS ID, license type, bond amount, volume tier, branch location, or MLO sponsorship.

Read NMLS Electronic Surety Bond Filing Instructions

Virginia Mortgage Bond Renewals, Changes, and Cancellations

Renewing Your Bond

Review the bond before renewal to confirm the legal name, NMLS ID, license type, MLO coverage, residential mortgage loan volume, and required bond amount. Virginia bond amounts may change annually based on prior-year volume.

Email Jet for Renewal Help

Changing the Bond

A bond rider or replacement bond may be needed if the legal name, DBA, NMLS record, license type, dual authority, branch location, MLO coverage, or bond amount changes.

Email Jet for Change Help

Cancelling or Replacing Your Bond

Do not cancel a required Virginia mortgage bond until replacement coverage is accepted or the Bureau confirms the license or MLO record no longer requires coverage. Virginia may retain the bond even after withdrawal, denial, surrender, suspension, revocation, or ceasing business.

Email Jet for Cancellation Help

What Does a Virginia Mortgage License Bond Cover?

A Virginia mortgage license bond supports compliance with Virginia mortgage lender, mortgage broker, and mortgage loan originator law. For MLOs, the bond is conditioned on the licensee performing written agreements with borrowers or prospective borrowers, correctly and accurately accounting for funds received in the course of business, and conducting business in conformity with Virginia law and regulations.

Any person damaged by noncompliance with a Virginia MLO bond condition may proceed against the principal or surety to recover damages, but aggregate liability under the bond cannot exceed the penal sum of the bond.

The bond is not insurance for the bonded mortgage broker, mortgage lender, mortgage company, or MLO. If Jet pays a valid claim, the bonded principal is responsible for reimbursing Jet for the amount paid and related costs under the indemnity agreement.

Read the Mortgage License Bond Claims Guide

How to Avoid Virginia Mortgage Bond Claims

  • Maintain continuous bond coverage for the correct Virginia mortgage broker, mortgage lender, dual-authority, MLO, company coverage, or branch-related requirement.
  • Match the bond to the exact legal name, individual name, DBA, NMLS ID, license type, required bond amount, and effective date.
  • Use the correct prior-year residential mortgage loan volume to determine the annual bond amount.
  • Confirm whether each MLO is covered by a company-filed bond or needs an individual bond.
  • Confirm whether the company holds broker authority, lender authority, or dual lender/broker authority before ordering.
  • Do not engage in Virginia mortgage lender, mortgage broker, or MLO activity without the correct license, sponsorship, and bond coverage.
  • Do not advertise or represent loan terms in a false, misleading, or deceptive way.
  • Perform written agreements with borrowers and prospective borrowers.
  • Correctly and accurately account for all funds received in the course of mortgage business activity.
  • Maintain required books, accounts, loan records, call reports, NMLS records, branch records, and compliance documentation.
  • Respond timely to Bureau requests for written responses, books, records, documents, and information.
  • Submit renewals, bond riders, license amendments, branch changes, sponsorship changes, and NMLS updates on time.
  • Contact Jet before cancelling, replacing, or changing the bond.

Read the Mortgage License Bond Claims Guide

Want to Know More About Mortgage Bond Processes?

Virginia Mortgage License Bond FAQ

What Virginia mortgage bonds are covered on this page?

This page covers Virginia Mortgage Broker Bonds, Mortgage Lender Bonds, Dual Mortgage Lender/Broker Bonds, Mortgage Loan Originator Bonds, company MLO coverage bonds, branch office bond guidance, and Mortgage Broker, Lender and/or Servicer Bonds.

What is the Virginia Mortgage Broker Bond amount?

The minimum Virginia Mortgage Broker Bond amount is $25,000. The amount can increase to $50,000, $75,000, $100,000, or $150,000 based on residential mortgage loans originated during the preceding calendar year.

How much does a Virginia Mortgage Broker Bond cost?

Jet pricing starts at $125 for one year or $13 monthly for the $25,000 Virginia Mortgage Broker Bond.

What is the Virginia Mortgage Lender Bond amount?

The minimum Virginia Mortgage Lender Bond amount is $50,000. The amount can increase to $75,000, $100,000, or $150,000 based on prior-year residential mortgage loan volume.

How much does a Virginia Mortgage Lender Bond cost?

Jet pricing starts at $249 for one year or $25 monthly for the $50,000 Virginia Mortgage Lender Bond.

What is the Virginia dual mortgage lender/broker bond amount?

The minimum bond amount for a Virginia mortgage company with dual authority as both mortgage lender and mortgage broker is $50,000. The amount can increase to $75,000, $100,000, or $150,000 based on prior-year residential mortgage loan volume.

What is the Virginia Mortgage Loan Originator Bond amount?

The Virginia Mortgage Loan Originator Bond amount starts at $25,000 and can increase to $50,000, $75,000, $100,000, or $150,000 based on residential mortgage loans originated during the preceding calendar year.

Does a Virginia MLO need a separate bond?

Not always. If the MLO is an employee or exclusive agent of a licensed or exempt company, the company files a bond covering its employee and exclusive-agent MLOs. If the applicant is not an employee or exclusive agent of a licensed or exempt company, the applicant files an individual MLO bond.

Are Virginia mortgage branch applications filed through NMLS?

Yes. Virginia applicants for new mortgage lender/broker branches submit branch applications through NMLS. Confirm the current branch checklist to see whether any bond rider or coverage update is needed.

Who regulates Virginia mortgage license bonds?

The Virginia State Corporation Commission Bureau of Financial Institutions regulates Virginia mortgage lenders, mortgage brokers, and mortgage loan originators.

Who should I contact for Virginia mortgage bond help?

Call Jet at (855) 516-3348, email [email protected], or start a quote online for help choosing, purchasing, renewing, replacing, or changing a Virginia mortgage bond.

Get the Virginia Mortgage Bond Required for Your License

Start by choosing the Virginia bond that matches your license, company record, MLO coverage, prior-year residential mortgage loan volume, broker authority, lender authority, dual authority, branch filing, or NMLS checklist. Jet will help with quoting, bond purchase, renewal support, and filing guidance when applicable.

Virginia mortgage bond pricing starts at $125 for one year for a $25,000 broker or MLO bond, $249 for one year for a $50,000 lender or dual-authority bond, and $749 for one year for a $150,000 high-volume bond.

Call: (855) 516-3348
Email: [email protected]

Get My Virginia Bond Quote

Notary Bond Application:

Business Information:

Indemnity Agreement:

I, the undersigned, hereby apply for a Dishonesty Bond also known as a Business Service Bond or Janitorial Service Bond (“bond”) to the Surety Company (“SURETY”) through Jet Insurance Company (“JET”), with whom I hereby grant the authority to act on my behalf with respect to the bond and assign as my Broker of Record, and declare that the statements herein are true and correct. In consideration of the SURETY issuing, renewing or substituting said bond(s), I, individually and as the owner or officer of the bonded entity, hereby understand and agree, as follows: (i) to reimburse, hold harmless, and indemnify SURETY upon demand for all loss, liability, claim, expense, including but not limited to attorneys’ fees, expert’s fees, investigative fees and claims handling fees, and any other cost which SURETY shall pay or incur in defense, adjustment, or settlement of such claims/suits by reason of such suretyship; (ii) that an itemized statement of loss and expenses by SURETY shall be indisputable proof of my liability to SURETY; (iii) coverage is subject to a $100 deductible; (iv) the employee must be convicted before coverage will apply (v) performance and any form of dispute resolution of this agreement shall take place in the county of SURETY's office of service; and (vi) a facsimile copy or electronically signed version of this agreement shall be binding as if it were an original. This agreement shall survive any changes in, substitute to or renewal of the bond(s).

Required Effect Date of Bond Policy:

Contact Information:

Employee Dishonesty Bond Application:

Business Information:

Business Description:

Coverage Requirements:

Indemnity Agreement:

I, the undersigned, hereby apply for a Dishonesty Bond also known as a Business Service Bond or Janitorial Service Bond (“bond”) to the Surety Company (“SURETY”) through Jet Insurance Company (“JET”), with whom I hereby grant the authority to act on my behalf with respect to the bond and assign as my Broker of Record, and declare that the statements herein are true and correct. In consideration of the SURETY issuing, renewing or substituting said bond(s), I, individually and as the owner or officer of the bonded entity, hereby understand and agree, as follows: (i) to reimburse, hold harmless, and indemnify SURETY upon demand for all loss, liability, claim, expense, including but not limited to attorneys’ fees, expert’s fees, investigative fees and claims handling fees, and any other cost which SURETY shall pay or incur in defense, adjustment, or settlement of such claims/suits by reason of such suretyship; (ii) that an itemized statement of loss and expenses by SURETY shall be indisputable proof of my liability to SURETY; (iii) coverage is subject to a $100 deductible; (iv) the employee must be convicted before coverage will apply (v) performance and any form of dispute resolution of this agreement shall take place in the county of SURETY's office of service; and (vi) a facsimile copy or electronically signed version of this agreement shall be binding as if it were an original. This agreement shall survive any changes in, substitute to or renewal of the bond(s).

Required Effect Date of Bond Policy:

Contact Information:

Contract Bond Application:

Business Information:

Owner Information:

Job Details:

Indemnity Agreement:

I, the undersigned, hereby apply for a Dishonesty Bond also known as a Business Service Bond or Janitorial Service Bond (“bond”) to the Surety Company (“SURETY”) through Jet Insurance Company (“JET”), with whom I hereby grant the authority to act on my behalf with respect to the bond and assign as my Broker of Record, and declare that the statements herein are true and correct. In consideration of the SURETY issuing, renewing or substituting said bond(s), I, individually and as the owner or officer of the bonded entity, hereby understand and agree, as follows: (i) to reimburse, hold harmless, and indemnify SURETY upon demand for all loss, liability, claim, expense, including but not limited to attorneys’ fees, expert’s fees, investigative fees and claims handling fees, and any other cost which SURETY shall pay or incur in defense, adjustment, or settlement of such claims/suits by reason of such suretyship; (ii) that an itemized statement of loss and expenses by SURETY shall be indisputable proof of my liability to SURETY; (iii) coverage is subject to a $100 deductible; (iv) the employee must be convicted before coverage will apply (v) performance and any form of dispute resolution of this agreement shall take place in the county of SURETY's office of service; and (vi) a facsimile copy or electronically signed version of this agreement shall be binding as if it were an original. This agreement shall survive any changes in, substitute to or renewal of the bond(s).

Required Effect Date of Bond Policy:

Contact Information:

Worker's Compensation Application:

Business Information:

Business Description:

Coverage Requirements

Indemnity Agreement:

I, the undersigned, hereby apply for a Dishonesty Bond also known as a Business Service Bond or Janitorial Service Bond (“bond”) to the Surety Company (“SURETY”) through Jet Insurance Company (“JET”), with whom I hereby grant the authority to act on my behalf with respect to the bond and assign as my Broker of Record, and declare that the statements herein are true and correct. In consideration of the SURETY issuing, renewing or substituting said bond(s), I, individually and as the owner or officer of the bonded entity, hereby understand and agree, as follows: (i) to reimburse, hold harmless, and indemnify SURETY upon demand for all loss, liability, claim, expense, including but not limited to attorneys’ fees, expert’s fees, investigative fees and claims handling fees, and any other cost which SURETY shall pay or incur in defense, adjustment, or settlement of such claims/suits by reason of such suretyship; (ii) that an itemized statement of loss and expenses by SURETY shall be indisputable proof of my liability to SURETY; (iii) coverage is subject to a $100 deductible; (iv) the employee must be convicted before coverage will apply (v) performance and any form of dispute resolution of this agreement shall take place in the county of SURETY's office of service; and (vi) a facsimile copy or electronically signed version of this agreement shall be binding as if it were an original. This agreement shall survive any changes in, substitute to or renewal of the bond(s).

Required Effect Date of Bond Policy:

Contact Information: