WAC 208-620-440. How do I calculate the annual assessment for my nonmortgage activity in Washington?

(1) Calculation of the annual assessment for loans made, brokered or purchased. The annual assessment is based on the "adjusted total loan value" as defined in subsection (2) of this section. The amount of the annual assessment is determined by multiplying the adjusted total loan value of the loans in the year being assessed by .000180271. (2) All loans counted in assessment calculation. The "adjusted total loan value" is the sum of: (a) The principal loan balance on Washington loans in your loan portfolio on December 31 of the prior year; plus (b) The total principal loan amount of all Washington loans you made during the assessment year.