VI Virgin Islands
Virgin Islands offers two licenses, a Mortgage Broker License, and a Mortgage Lender License. Unlike a lot of states VI requires Audited Financial statements for the past 2 years, a named QI and do not allow more than one DBA to be used for both license types.
| State | License Name | State Fee | Bond Prem. | RA Fee | SoS Fee | MLG Processing Fee | Total |
|---|---|---|---|---|---|---|---|
| Virgin Islands | Mortgage Broker License | $745 | $188 | — | $250 | Call for More Information | $1,183 |
| Virgin Islands | Mortgage Lender License | $1,645 | $188 | — | $250 | Call for More Information | $2,083 |
License: Mortgage Broker License
Operating Status: Broker Bond Amount: $25,000 Net Worth: TBD Brick & Mortar: N/A Financial Type: Audited - Prior 2 years
License: Mortgage Lender License
Operating Status: Broker/Lender/Servicer Bond Amount: $25,000 Net Worth: TBD Brick & Mortar: N/A Financial Type: Audited - Prior 2 years