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