Yes: in Virginia, mortgage loan officers need a state license issued by the State Corporation Commission, Bureau of Financial Institutions. You can check a name yourself on NMLS Consumer Access.
Mortgage loan officers in Virginia: what buyers ask
What first-time buyer programs does Virginia offer?
In Virginia, Virginia Housing offers first-time buyers a Down Payment Assistance Grant of up to 2% to 2.5% of the price, never repaid.
What does an FHA loan require?
FHA loans need 3.5% down with a 580 credit score. Upfront mortgage insurance is 1.75% and the annual premium is 0.55% at 96.5% LTV.
Check a mortgage loan officer yourself
- License required · State Corporation Commission, Bureau of Financial Institutions
- Titles you will see: Mortgage lender, Mortgage broker, Mortgage loan originator
- Check a name yourself: NMLS Consumer Access (we could not open this search page ourselves)
The 10 sectors of Arlington
Ballston - Virginia Square · Radnor/Ft.Myer Heights · Aurora Highlands · Crystal City · Douglas Park · Clarendon - Courthouse · Bluemont · Buckingham · Arlington Mill · Arlington Ridge