Not in Virginia? Appraisal management company bonds in other states
Virginia appraisal management bonds.
$1,000 flat.
Virginia requires every licensed appraisal management company to post a $100,000 surety bond with DPOR. Ours is $1,000 flat — the price you see is the checkout price, identical for every AMC. A quick soft credit check may apply; the bond is issued when you pay.
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Three steps to licensed.
Your AMC license is waiting on this bond. Here is the entire process — no broker phone tag:
Apply once, online
Business details, owner information, effective date. The only extra step is a one-time consent to a soft credit pull.
Approved
Most are approved as soon as you apply. The credit check is a soft pull that never affects your score. If it needs a second look, one to two business days at most.
E-sign & file with DPOR
Pay online and receive the executed $100,000 bond, ready to file with your AMC license application to the Real Estate Appraiser Board. Wet-ink originals mailed whenever the state insists.
What it is and who needs it.
What the AMC bond guarantees
Virginia licenses appraisal management companies — firms that recruit and assign appraisers for lenders — through the DPOR Real Estate Appraiser Board, and conditions the license on a $100,000 surety bond. The bond is an appraiser-and-public-protection guarantee.
It is a three-party arrangement: you (the principal), the surety carrier, and the Commonwealth (the obligee), with appraisers and other claimants as the protected parties. The bond secures your obligations under the AMC chapter — notably paying appraisers for completed work. An appraiser you fail to pay, or a claimant with a final judgment against you, can recover against the bond.
A claimant files with the Board within 12 months of a final judgment, and the Board can direct payment from the bond of the judgment, court costs, and reasonable attorney fees. It is not insurance for you — if the surety pays a claim, you repay the surety.
You need this bond if you're
One application, issued instantly.
These are the actual underwriting fields, including a one-time consent to a soft credit pull. Submit once and your bond is issued when you pay.
Start the application →Common questions.
Other Virginia bonds.
The Appraiser Board is waiting on one document.
$1,000 flat, short application, bond issued when you pay. Free until issued.