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Virginia Mortgage Licensing - Guide Mortgage Licensing

Virginia Mortgage Licensing

Mortgage Broker Licensing

Virginia Mortgage Broker License

Physical Office Requirement:  Not Required
Minimum Net Worth:  Not Required
Financial Statements:  P & L and Balance Sheet
Surety Bond Amount:  $25,000
Company License Fee:  $600

Mortgage Lender Licensing

License: Virginia Mortgage Lender License

Physical Office Requirement:  No
Minimum Net Worth:  $200k
Financial Statements:  P & L and Balance Sheet
Surety Bond Amount:  $50,000
Company License Fee:  $600

Agency Contact:

Bureau of Financial Institutions
Administration and Licensing Section
PO Box 640
Richmond, VA 23218-0640
Phone: (804) 371-9690
E-mail: mortgagelicensing@scc.virginia.gov

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