Vermont Mortgage Licensing

Vermont Mortgage Licensing

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Mortgage Banker

Licensed Lender

Physical In-State Office Required: No
Qualifying Individual: Yes
Minimum Net Worth: $ None
Surety Bond: $50,000 + $50,000 per branch

License Cost Breakdown – Estimated fees not including Integrity Mortgage Licensing Service Fee:
$100 – Foreign Entity Fee
$125 – Registered Agent Fee
$500 – Surety Bond Fee
$2,100 – Company License Fee

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Mortgage Broker

Mortgage Broker License

Physical In-State Office Required: No
Qualifying Individual: No
Minimum Net Worth: $ None
Surety Bond: $25,000 + $25,000 per branch

License Cost Breakdown – Estimated fees not including Integrity Mortgage Licensing Service Fee:
$100 – Foreign CorpEntity Fee
$125 – Registered Agent Fee
$250 – Surety Bond Fee
$1,000 – Company License Fee

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Regulated by:

Department of Banking, Insurance, Securities & Health Care Administration

89 Main St Drawer 20
Montpelier, VT 05620-3101
Telephone: 802-828-3307
Fax: 802-828-3306