West Virginia Mortgage Licensing Requirements
License Type: West Virginia Mortgage Broker License
Physical Office
Not Required
Qualifying Individual
Yes
Minimum Net Worth
$10,000
Financial Statements
P & L and Balance Sheet
Surety Bond
$50,000
Average Timeframe
45 Days - 60 Days
License Type: West Virginia Mortgage Lender License
Physical Office
Not Required
Qualifying Individual
Not Required
Minimum Net Worth
$250,000
Financial Statements
P & L and Balance Sheet
Surety Bond
$100,000
Average Timeframe
45 Days - 60 Days