{"data":{"id":"us-va/va.-code-6.2-1701.3","jurisdiction":"us-va","citation":"Va. Code § 6.2-1701.3","heading":"Temporary authority to act as a mortgage loan originator","body":"A. An individual shall be deemed to have temporary authority to act as a mortgage loan originator in the Commonwealth to the extent authorized by, and subject to the terms and conditions prescribed in, § 1518 of the Act.B. A mortgage lender or mortgage broker that employs an individual who is deemed to have temporary authority to act as a mortgage loan originator in the Commonwealth pursuant to this section shall be subject to the requirements of this chapter and Chapter 16 (§ 6.2-1600 et seq.) to the same extent that such mortgage lender or mortgage broker would be subject to such requirements if such individual were a licensed mortgage loan originator under this chapter.C. An individual who is deemed to have temporary authority to act as a mortgage loan originator in the Commonwealth pursuant to this section and acts as a mortgage loan originator shall be subject to the requirements of this chapter to the same extent as if such individual was a licensed mortgage loan originator under this chapter.2019, c. 740.","path":["Title 6.2. Financial Institutions and Services","Subtitle III. Other Regulated Providers of Financial Services","Chapter 17. Mortgage Loan Originators"],"source_url":"https://law.lis.virginia.gov/vacode/6.2-1701.3/","current_through":"9/4/2026","vintage":"","retrieved_at":"2026-09-04T15:12:34Z","sha256":"895dc8aefc618555dc349cba88b5d1fa9711e347fd97d3d846aa56796b594d95","source_id":"us-va","stale":true,"prev":"us-va/va.-code-6.2-1701.2","next":"us-va/va.-code-6.2-1702"},"notice":"GroundRules: Original legal text. Not legal advice."}