Vermont mortgage licensing

Mortgage Broker Licensing

License:  Vermont Mortgage Broker License

Physical Office Required:  No
Qualifying Individual Required: Yes
Minimum Net Worth:  None
Financial Statements:  Unaudited (if certified)
Surety Bond Amount:  $25,000
Company License Fee:  $1,100


Mortgage Lender Licensing

License:  Vermont Lender License

Physical Office Required:  No
Qualifying Individual Required:  Yes
Minimum Net Worth:  None
Financial Statements:  Unaudited (if certified)
Surety Bond Amount:  $50,000
Company License Fee:  $2,100


Regulated by:

Department of Banking, Insurance, Securities & Health Care Administration
89 Main St Drawer 20
Montpelier, VT 05620-3101
Phone: 802-828-3307
Fax: 802-828-3306

 

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