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2018 Code of Virginia
Title 6.2 - Financial Institutions and Services
Chapter 4 - Certain Lending Practices
§ 6.2-410. Borrowers not to be required to employ particular professionals
Universal Citation: VA Code § 6.2-410 (2018)
In the case of loans secured by deeds of trust or mortgages on one- to four-family dwelling units, the lender may not require the borrower to use the services of a particular attorney, surveyor, or insurer. The lender shall have the right to approve any attorney, surveyor, or insurer selected by the borrower, provided such approval is not unreasonably withheld.
1987, c. 622, ยง 6.1-330.70; 1990, c. 3; 2010, c. 794.
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