Skip to content West Virginia State Licenses and Regulator Costs
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Mortgage Broker License (Company)- NMLS Cost: $450
- Additional Costs: $15 per credit report, $36.25 per criminal background check
- Minimum Net Worth: $10,000
- Surety Bond Requirement: varies - $50,000 or $100,000 (contact us for details)
Mortgage Lender License (Company)- NMLS Cost: $1,350
- Additional Costs: $15 per credit report, $36.25 per criminal background check
- Minimum Net Worth: $250,000
- Surety Bond Requirement: varies - $100,000 to $250,000 (contact us for details)
Mortgage Broker License (Branch)- NMLS Cost: $450
- Additional Costs: none
Mortgage Lender License (Branch)- NMLS Cost: $1,350
- Additional Costs: none
Mortgage Loan Originator (Individual)- NMLS Cost: $80
- Additional Costs: $15.00 per credit report, $36.25 per criminal background check Education: West Virginia requires four (4) hours of WV-approved pre-licensure education as part of
- Education: West Virginia requires four (4) hours of WV-approved pre-licensure education as part of twenty-two (22) hours of NMLS-approved pre-licensure education
Mortgage Broker License (Company)
Mortgage Broker License (Branch)
Mortgage Loan Originator (Individual)