Application Forms - Mortgage Loan Originators
Unless exempt from licensing, no individual can act as a mortgage loan originator
(MLO), or hold himself out to the general public as a mortgage loan originator,
unless such individual has first obtained a license under Chapter 17 of Title 6.2
of the Code of Virginia. For licensing exemptions and information
about licensing, including FAQs, we strongly recommend that you
review the information available from our site.
Chapter 17 requires the filing of an application for a mortgage loan originator
(MLO) license through the Nationwide Mortgage Licensing System (NMLS).
The MLO application form is referred to as Form MU4. Each individual mortgage loan
originator must submit Form MU4 through NMLS.
If an individual has submitted Form MU4 in another state, re-entry of the record
into NMLS is not required; rather, the Virginia Mortgage Loan Originator license
request should be added in the license wizard in NMLS for submission.
The MU4 application and Virginia Jurisdiction Specific forms can be accessed on
the NMLS website through the link below. Virginia Jurisdiction Specific forms must
be downloaded and submitted to the Bureau at the time the MU4 is electronically
filed.
Links to related laws and regulations appear below. Code and Regulation Sections
can be viewed and downloaded individually or a report of multiple Sections can be
created and downloaded. To download multiple Sections click on "create report" at
the beginning of the table of contents for the specific Chapter and enter the beginning
and ending Section of the sequence you wish to download. It is your responsibility
to read and comply with all applicable laws and regulations.
Note: Links to the Code of Virginia and Virginia Administrative Code in the menus
below are external links
and will take you off
the SCC website.
Application Forms
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Form MU4
Reminder: Virginia jurisdiction-specific forms, available from
the NMLS site, must be downloaded and submitted to the Bureau at the time the MU4
is electronically filed.
Note: All applications are investigated by the Bureau
of Financial Institutions. Certain application decisions are made by the Commissioner
of Financial Institutions under delegated authority from the State Corporation Commission.
In the event you wish to appeal either a determination made by the Bureau of Financial
Institutions in the course of its investigation of your application or the Commissioner
of Financial Institutions’ decision on your application, you may request a formal
review by the State Corporation Commission in accordance with its
Rules of Practice and Procedure