Click here for State of West Virginia Background Check Information and Forms

License Renewal Date: Application by October 1 for the following calendar year

Covered Licensees:
A. Mortgage Lender/Servicer
B. Mortgage Brokers
(Note: Any company dealing in both activities must acquire both licenses)
(Note: Each location in West Virginia is individually licensed.)

Domicile Requirements:
No Licensees are required to maintain a physical office in the State of West Virginia.

Financial Regulations:
A. Mortgage Lenders/Servicers must maintain a net worth of at least $250,000.00 plus a surety bond of at least $100,000.00.
B. Mortgage Brokers must maintain a net worth of at least $10,000.00 plus a surety bond of at least $25,000.00.

Licensing Requirements:
Each Broker, and/or Loan Officer, must complete 7 hours of continuing education annually through a course approved by the State of West Virginia.

Mortgage-Education.com is pleased to offer a variety of web based courses that have been approved by the State of West Virginia to meet continuing education requirements only.

* West Virginia requires no Pre-License education.