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For assistance with mortgage licensing contact us at:
Direct Phone: (714) 656-3960
Fax: (714) 829-1444
ssheasby@integritymortgagelicensing.comInformation herein is for educational purpose only
and is not meant to be a complete statement of all state mortgage
licensing requirements. Additional State and FHA mortgage licensing requirements
may be required. If you need further information, we would encourage you
to contact us directly.
West Virginia Mortgage Licensing
Mortgage Banker
Mortgage Banker License
Physical Office Required: No
In-State Officer/ Key Person: No
Minimum Net Worth: $250,000
Surety Bond: $100,000
State Initial Fee: $1,250
State Renewal Fee: N/A
Branch Licensing: Yes
Loan Officer Licensing: Yes
Experience/Education: None
Mortgage Broker
Mortgage Broker License
Physical Office Required: No
In-State Officer/ Key Person: No
Minimum Net Worth: $10,000
Surety Bond: $50,000 or $100,000 if engaged in tablefunding
State Initial Fee: $350
State Renewal Fee: N/A
Branch Licensing: Yes
Loan Officer Licensing: Yes
Experience/Education: None
Regulated
by:
Division of Banking
1900 Kanawha Boulevard, East
Building #3, Room 311
Charleston, WV 25305-0240
Telephone: (304) 558-2294
Fax: (304) 558-0442
http://www.wvdob.org/