Virginia Mortgage Loan Originator License
individual licence · NMLS VAORIGINATOR_I · BFI
This license is required for an individual who takes an application for or offers or negotiates the terms of a residential mortgage loan that is secured by real property located in the Commonwealth of Virginia.
Requirements (6)
Step 1
Company Sponsorship: If you are employed by a Virginia licensed mortgagelender or broker, a sponsorship request must be submitted by your employer. Virginia will review and accept or reject the sponsorship request. If you are employed by an entity that is a registered exempt mortgage company in Virginia, your employer has the option to request sponsorship of your license in lieu of filing an Employment Verification Form outside of NMLS.Submitted via: NMLS
Step 2
Employment History: The business address listed in the Employment section of the Individual Form (MU4) must match the address of the registered location in the Company Relationship.Submitted via: NMLS
Step 3
Employment Verification Form: Must be submitted if your employer is exempt from licensing pursuant to Chapter 16 of Title 6.2 of the Code of Virginia and the employer has not requested sponsorship of your license through NMLS. Click to download Employment Verification Form (CCB-8815).Submitted via: Upload in NMLS: Upload document in NMLS in the Agency Guidance section under Document Type Additional Upload Requirement.
Step 4
Evidence Of Financial Responsibility: Only applicable to applicants that have one or more of the following: • outstanding judgments or collection accounts that in the aggregate exceed $2,000 • outstanding tax liens or other governmental liens that in the aggregate exceed $1,000 • delinquent or charged-off accounts that in the aggregate exceed $3,000 • one or more foreclosures within the past seven years Submit a detailed letter of explanation for each account. At minimum, the letter of explanation should state the origination date of the obligation, the original and current amount of the obligation, the reason for the delinquency, and a description of your efforts to satisfy the debt. Attach supporting documentation as necessary. Additionally, you must complete and submit an MLO Personal Financial Report. Click to download MLO Personal Financial Report (CCB-8817).Submitted via: Upload in NMLS: Upload document in NMLS in the Agency Guidance section under Document Type Additional Upload Requirement.
Step 5
Individual Surety Bond: Only applicable to individuals who are required to be licensed as mortgage loan originators, but are themselves not employees or exclusive agents of either persons licensed or exempt from licensing under Chapter 16 of Title 6.2 of the Code of Virginia (e.g. individuals who originate loans secured by dwellings unattached to land in Virginia). Click to download Surety Bond form CCB-8814.Submitted via: Upload in NMLS: Upload document in NMLS in the Agency Guidance section under Document Type Additional Upload Requirement.
Step 6
Mortgage Business Certification Form: Only applicable to applicants that are filing an Individual Surety Bond. The Mortgage Business Certification Form is used to determine the amount of the surety bond. Click to download Mortgage Business Certification Form (CCB-8816).Submitted via: Upload in NMLS: Upload document in NMLS in the Agency Guidance section under Document Type Additional Upload Requirement.
General information
Who Is Required To Have This License?
• Individuals acting as mortgage loan originators who are employees or exclusive agents of licensed mortgage lender/brokers under Chapter 16 of Title 6.2 of the Code of Virginia.
• Individuals, other than registered mortgage loan originators, acting as mortgage loan originators who are employees or exclusive agents of persons exempt from licensure under Chapter 16 of Title 6.2 of the Code of Virginia.
• Individuals acting as mortgage loan originators who are not employees or exclusive agents of either persons licensed or exempt from licensing under Chapter 16, Title 6.2 of the Code of Virginia.
See Chapter 17 of Title 6.2 of the Code of Virginia and Chapter 161 of Title 10 of the Virginia Administrative Code for relevant definitions.
Activities Authorized Under This License
This license authorizes the following activities:
• Taking an application for or offering or negotiating the terms of a residential mortgage loan in which the dwelling is or will be located in the Commonwealth
• Representing to the public, through advertising or other means of communicating or providing information, including the use of business cards, stationery, brochures, signs, rate lists, or other promotional items, that such individual can or will perform any of the activities described in the first bullet point.
Inactive Licenses
The Virginia Bureau of Financial Institutions may issue an “inactive” mortgage loan originator license to an individual who has satisfied all requirements for licensure except those pertaining to surety bond coverage. Such licensees cannot engage in the business of a mortgage loan originator until (1) the Bureau has determined that the surety bond requirements have been satisfied; and (2) based upon that determination, the Bureau has updated the licensee’s status in NMLS to indicate that the licensee may engage in the business of a mortgage loan originator.
License Delivery
The Virginia Bureau of Financial Institutions issues electronic (PDF) licenses for this license type. Licenses are transmitted to the regulatory contact email address listed on the individual’s MU4 form.
Pre-licensure Education: Complete at least 20 hours of NMLS-approved prelicensure education (PE) courses, which must include at least (i) three hours of federal law and regulations; (ii) three hours of ethics, which shall include instruction about fraud, consumer protection, and fair lending issues; and (iii) two hours of training related to lending standards for the nontraditional mortgage product marketplace.
Except as otherwise provided by the Commission, pre-licensing education courses shall be subject to such expiration rules as may be established by the Registry. Expired courses shall not count toward the minimum number of hours of pre-licensing education required by subsection A.
Testing: Must satisfy one of the following three conditions:
• Passing results on both the National and Virginia State components of the SAFE Test, or
• Passing results on both the National and Stand-alone UST components of the SAFE Test, or
• Passing results on the National Test Component with Uniform State Content.
Other Virginia mortgage licenses
- Qualified Education Loan Servicer License
- Qualified Education Loan Servicer-Federal Contractor
- All 3 Virginia licenses
Sourced from the NMLS/CSBS state licensing record, last updated July 16, 2026. Requirements change — confirm against the state agency before filing. Not legal advice.