{"data":{"id":"us-va/va.-code-6.2-1708","jurisdiction":"us-va","citation":"Va. Code § 6.2-1708","heading":"Pre-licensing education of mortgage loan originators","body":"A. In order to meet the pre-licensing education requirement referred to in subdivision 3 of § 6.2-1707, an applicant shall complete at least 20 hours of pre-licensing education courses, approved in accordance with subsection B, which shall 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.B. Pre-licensing education courses shall be reviewed and approved by the Registry based upon reasonable standards. Review and approval of a course shall include review and approval of the course provider.C. Nothing in this section shall preclude the provision of any pre-licensing education course that has been approved by the Registry by: (i) the employer of the applicant; (ii) an entity that is affiliated with the applicant by any agency contract; or (iii) a subsidiary or affiliate of such employer or entity.D. Pre-licensing education courses may be offered in a classroom, online, or by any other means approved by the Registry.E. 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.2009, cc. 273, 453, § 6.1-431.9; 2010, c. 794; 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/6.2-1708/","current_through":"9/4/2026","vintage":"","retrieved_at":"2026-09-04T15:12:34Z","sha256":"7c2fdd74bb934b1479b3475922f97b5ae940b09d5947fb5532214d14c446e9c0","source_id":"us-va","stale":true,"prev":"us-va/va.-code-6.2-1707","next":"us-va/va.-code-6.2-1709"},"notice":"GroundRules: Original legal text. Not legal advice."}