Other conditions for mortgage loan originator licensing
Va. Code Ann. § 6.2-1707
in effectIn 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 ; and
5. 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 .
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://law.lis.virginia.gov/vacode/6.2-1707/Fetched: 10/17/2026