Va. Code § 6.2-1707: Other conditions for mortgage loan originator licensing
Where this section sits in the code
- Title 6.2. Financial Institutions and Services
- Subtitle III. Other Regulated Providers of Financial Services
- Chapter 17. Mortgage Loan Originators
In addition to the findings required by § 6.2-1706, the Commission shall not issue a mortgage loan originator license unless it finds that:1. The applicant has never had a mortgage loan originator license revoked by any governmental authority;2. The applicant has not been convicted of, or pled guilty or nolo contendere to, a felony in a domestic, foreign, or military court (i) during the seven-year period preceding the application for licensing and registration; or (ii) at any time preceding such date of application if such felony involved an act of fraud, dishonesty, breach of trust, or money laundering;3. The applicant has completed the pre-licensing education requirement described in § 6.2-1708;4. The applicant has passed a written test that meets the test requirement described in § 6.2-1709; and5. The applicant has become registered through, and obtained a unique identifier from, the Registry.2009, cc. 273, 453, § 6.1-431.8; 2010, c. 794; 2014, cc. 295, 343; 2019, c. 740.
Collected 2026-09-04T15:12:34Z. Source file · JSON