Yes: in West Virginia, mortgage loan officers need a state license issued by the West Virginia Division of Financial Institutions. You can check a name yourself on NMLS Consumer Access.
Mortgage loan officers in West Virginia: what buyers ask
What first-time buyer programs does West Virginia offer?
In West Virginia, the West Virginia Housing Development Fund (WVHDF) lends to first-time buyers at a listed rate of 5.790% and offers up to $12,000 in down payment and closing cost help through a 15-year loan at 2%.
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 · West Virginia Division of Financial Institutions
- Titles you will see: Mortgage loan originator
- Check a name yourself: NMLS Consumer Access (we could not open this search page ourselves)
The 7 sectors of Charleston
West Side · East End · Kanawha City · South Hills · North Charleston · Edgewood · Oakridge/Greenbrier