Send Article via Email

Article Summary : This article will help anyone looking for information pertaining to a mortgage license in the state of Virginia or anyone looking to become a mortgage broker in Virginia. The Commonwealth of Virginia regulates Mortgage Brokers through the Bureau of Financial Institutions . The requirements to become a Mortgage Broker in Virginia are the same as those for becoming a Mortgage Lender. In Virginia, anyone who acts as a Mortgage Broker, even for only one loan, needs to have a Mortgage Broker License . A non-refundable application fee in the amount of $500.00 needs to be paid with the application, along with providing a Surety Bond in the amount of $25,000.00. Current Financial Statements (less than 90 days old) and personal information need to be provided for each applicant, along...