50-State Financial Services Licensing Compliance Guide
Virginia Finance Licensing
Licenses are typically required for individuals and businesses that provide finance industry services in the United States.
This guide contains information about professional finance licensing in Virginia.
Filter Licenses Clear Filters Company Licenses Virginia Financial Services Company Licenses Virginia Collection Agency License Not required
Debt Collection Agency licensure is not required on the State level in Virginia.
Virginia does not currently issue licenses for collection agencies.
Virginia Exempt Mortgage Company Registration Agency: Virginia State Corporation Commission - Bureau of Financial Institutions Foreign Qualification is Prerequisite: Yes Registered Agent (Special Agency) Required? Yes
Registration Renewal More Details Filing Method: Online
Agency Fee: $0
Due: While this is a perpetual license, it must be attested to annually by December 31 in NMLS.
Virginia Money Order Seller and Money Transmitter License Agency: Virginia State Corporation Commission - Bureau of Financial Institutions Foreign Qualification is Prerequisite: Yes Registered Agent (Special Agency) Required? Yes
Initial Registration More Details Instructions: Requirements Checklist
Filing Method: Online
Agency Fee: $1000 application fee + $15 credit report fee + $36.25 background check fee + $27 state background check fee + $0.25 fee per agent per year
Registration Renewal More Details Filing Method: Online
Agency Fee: $750
Due:
Annually by December 31. Licenses issued in November or December remain valid through the next renewal period.
Show 5 More Licenses Virginia Mortgage Broker License Agency: Virginia State Corporation Commission - Bureau of Financial Institutions Foreign Qualification is Prerequisite: Yes Registered Agent (Special Agency) Required? Yes
Initial Registration More Details Instructions: Requirements Checklist
Filing Method: Online
Agency Fee: $100 + $500 application fee + $15 credit report fee + $36.25 background check fee + $27 state background check fee
Registration Renewal More Details Filing Method: Online
Agency Fee: $0
Due:
Licenses expire on December 31 of each year. Licensees are recommeded to renew by December 12. Licenses issued in November or December remain valid through the next renewal period.
Virginia Mortgage Company Branch License Agency: Virginia State Corporation Commission - Bureau of Financial Institutions Foreign Qualification is Prerequisite: No Registered Agent (Special Agency) Required? No
Registration Renewal More Details Filing Method: Online
Agency Fee: $0
Due:
Licenses expire on December 31 of each year. Licensees are recommeded to renew by December 12. Licenses issued in November or December remain valid through the next renewal period.
Virginia Mortgage Lender License Agency: Virginia State Corporation Commission - Bureau of Financial Institutions Foreign Qualification is Prerequisite: Yes Registered Agent (Special Agency) Required? Yes
Initial Registration More Details Instructions: Requirements Checklist
Filing Method: Online
Agency Fee: $100 + $500 application fee + $15 credit report fee + $36.25 background check fee + $27 state background check fee
Registration Renewal More Details Filing Method: Online
Agency Fee: $0
Due:
Licenses expire on December 31 of each year. Licensees are recommeded to renew by December 12. Licenses issued in November or December remain valid through the next renewal period.
Virginia Qualified Education Loan Servicer License Agency: Virginia State Corporation Commission - Bureau of Financial Institutions Foreign Qualification is Prerequisite: Yes Registered Agent (Special Agency) Required? Yes
Initial Registration More Details Instructions: Requirements Checklist
Filing Method: Online
Agency Fee: $500 application fee + $15 credit report fee + $36.25 background check fee + $27 state background check fee
Registration Renewal More Details Filing Method: Online
Agency Fee: $0
Due:
Licenses expire on December 31 of each year. Licensees are recommeded to renew by November 1. Licenses issued in November or December remain valid through the next renewal period.
Virginia Qualified Education Loan Servicer License - Federal Contractor Agency: Virginia State Corporation Commission - Bureau of Financial Institutions Foreign Qualification is Prerequisite: No Registered Agent (Special Agency) Required? No
Registration Renewal More Details Filing Method: Online
Agency Fee: $0
Due:
Annually by December 31. Licenses issued in November or December remain valid through the next renewal period.
Individual Licenses Virginia Individual Financial Services Licenses Virginia Mortgage Loan Originator License Agency: Virginia State Corporation Commission - Bureau of Financial Institutions
Initial Registration More Details Instructions: Requirements Checklist
Filing Method: Online
Agency Fee: $20 + $150 application fee + $15 credit report fee + $36.25 background check fee
Registration Renewal More Details Filing Method: Online
Agency Fee: $100
Due:
Licenses expire on December 31 of each year. Licensees are recommeded to renew by December 12. Licenses issued in November or December remain valid through the next renewal period.
Explore licensing in other states:
