Vermont Mortgage Licensing | Vermont Department of Banking, Insurance, Securities & Health Care Administration

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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
  
• Branch Licensing: Yes
  
• Loan Originator Licensing: Yes
  

License Cost Breakdown - Estimated fees not including Regulatory Counsel Group Professional 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
  
• Branch Licensing: Yes
  
• Loan Originator Licensing: Yes

License Cost Breakdown - Estimated fees not including Regulatory Counsel Group Professional 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:
Vermont 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
http://www.dfr.vermont.gov/banking/home