Vermont Mortgage Licensing Requirements
License Type: Vermont Mortgage Broker License
Physical Branch requirement
Not Required
Qualifying Individual Required
Yes
Minimum Company Net Worth
no Requirement
Company Financial Statements
P & L and Balance Sheet
Surety Bond Requirement
$25,000
Average Timeframe
45 Days
License Type: Vermont Mortgage Lender License
Physical Branch requirement
Not Required
Qualifying Individual Required
Yes
Minimum Company Net Worth
No requirement
Company Financial Statements
P & L and Balance Sheet
Surety Bond Requirement
$50,000
Average Timeframe
45 Days