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Are Mortgage brokers or lenders (who are not depository institutions) regulated by the State of West Virginia?

April 26, 2017brokers Depository Institutions lenders mortgage regulated State west virginia

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Are Mortgage brokers or lenders (who are not depository institutions) regulated by the State of West Virginia?

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As of July 1, 2000, all mortgage lenders and brokers doing business in WV must have a license unless otherwise exempt. Complaints against these businesses may be submitted to the West Virginia Division of Banking. You may call us (in WV) at 1 (800) 642-9056 to inquire as to whether or not such a lender/broker is properly licensed.