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Residency is one of the requirements to obtaining a VA state loan. Achieving residency is not a long process though. It can be done in less than one year.

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Q: Do I need to be a Virginia resident to get a Va. state loan?
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Do commercial loan brokers in Virginia need to be licensed?

In the State of Virginia, you must obtain a license to be a commercial mortgage loan broker. There is an initial fee of $500 and the requirement for a Surety Bond. The Virginia Department of Business Assistance can give you further details and answer questions. Call them at 1-866-248-8814. By the way, if you are interested in being a mortgage banker (vs. broker) that means you actually fund a loan and then sell the loan into the secondary market to get your money back to lend again. Such a "lending" license in Virginia requires a minimum net worth of $200,000.


How do I register a cash loan business?

You must obtain a business license from the municipality where you wish to establish your business. Since a loan business also qualifies in many states as a loan/banking/finance business you will probably need a state license to operate. Contact your state's Secretary Of State office, which is the state agency for registering most businesses.


How do you get a personal loan if you're being paid by state benefits?

If you are paying state benefits, and need a loan, you must know that you are living beyond your means. A loan will only delay the inevitable. To answer the question, though. Perhaps a letter of the award of the benefits will be what they need. Still, you had best plan how you are going to afford to pay this unsecured money back.


How can one become a loan broker?

To become a loan broker you first need to find out whether your state requires you to be licensed. If you do need to be licensed then you need to apply for an application and undergo a criminal check and have your finger prints taken. Whether or not you need to be licensed, you still need to have a good education in business and finance. Upgrading your education in loan training program can assist and help develop the kind of knowledge you need.


How do you get ex boyfriends name off joint auto loan?

You need to pay that loan off and refinance if necessary.You need to pay that loan off and refinance if necessary.You need to pay that loan off and refinance if necessary.You need to pay that loan off and refinance if necessary.

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Do commercial loan brokers in Virginia need to be licensed?

In the State of Virginia, you must obtain a license to be a commercial mortgage loan broker. There is an initial fee of $500 and the requirement for a Surety Bond. The Virginia Department of Business Assistance can give you further details and answer questions. Call them at 1-866-248-8814. By the way, if you are interested in being a mortgage banker (vs. broker) that means you actually fund a loan and then sell the loan into the secondary market to get your money back to lend again. Such a "lending" license in Virginia requires a minimum net worth of $200,000.


What do you need do to become an IL resident?

Live there: plain and simple. To identify you as a resident of IL you should get your Driver License (or State ID) transferred from your original state to IL.


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Depends on the relation. Here is a cut and paste from the Virginia Game regulations on who may NOT need a license-Resident or non-resident landowners, their spouses, their children and grandchildren and the spouses of such children and grandchildren, or the landowner's parents, resident or nonresident, do not need a license to hunt, trap or fish (on inland waters) within the boundaries of their own lands.So- your daughter, grandson. son-in-law, dad- no. Your brother or your cousin- yes, they WILL need a license.


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Yes, You just need to file a new address notice to INS.


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Do I need a West Virginia Business License if I have a Virginia License?

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Both front and rear state license plates are manditory in Virginia.