Limitation on name of mortgage business

  1. Law
  2. US Virgin Islands Code
  3. Banking
  4. Mortgage Loans
  5. Mortgage Lenders and Brokers
  6. Limitation on name of mortgage business

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  • A mortgage lender or mortgage broker may not do business under any trade name that misrepresents or tends to misrepresent that the mortgage lender is:

    • (1) a bank, trust company, or savings bank;

    • (2) a savings and loan association;

    • (3) a credit union; or

    • (4) an insurance company.


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