SECTION 6.2-1707. Other conditions for mortgage loan originator licensing  

In addition to the findings required by § 6.2-1706 , the Commission shall not issue a mortgage loan originator license unless it finds that:

1. The applicant has never had a mortgage loan originator license revoked by any governmental authority;

2. The applicant has not been convicted of, or pled guilty or nolo contendere to, a felony in a domestic, foreign, or military court (i) during the seven-year period preceding the application for licensing and registration; or (ii) at any time preceding such date of application if such felony involved an act of fraud, dishonesty, breach of trust, or money laundering;

3. The applicant has completed the pre-licensing education requirement described in § 6.2-1706 ;

4. The applicant has passed a written test that meets the test requirement described in § 6.2-1706 ; and

5. The applicant has become registered through, and obtained a unique identifier from, the Registry.

2009, cc. 6.2-1706 , 6.2-1706 , § 6.1-431.8; 2010, c. 6.2-1706 ; 2014, cc. 6.2-1706 , 6.2-1706 ; 2019, c. 6.2-1706 .