UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                           Washington, D.C. 20549

                                   FORM 15

           CERTIFICATION AND NOTICE OF TERMINATION OF REGISTRATION 
           UNDER SECTION 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR 
           SUSPENSION OF DUTY TO FILE REPORTS UNDER SECTIONS 13 AND 15(d) 
           OF THE SECURITIES EXCHANGE ACT OF 1934.

                                            Commission File Number  1-9819

                        Resource Mortgage Capital, Inc.

                  2800 East Parham Road  Richmond, VA  23228

                 Resource Mortgage Capital, Inc. 401(k) Plan
           (Title of each class of securities covered by this form)

                  Common Stock : par value $.01 per share
          (Title of all other classes of securities for which a duty
              to file reports under section 13(a) or 15(d) remains)

	Place an X in the box(es) to designate the appropriate rule provision(s)
relied upon to terminate or suspend the duty to file reports:

           Rule 12g-4(a)(1)(i)                Rule 12h-3(b)(1)(i) [X]
           Rule 12g-4(a)(1)(ii)               Rule 12h-3(b)(1)(ii)
           Rule 12g-4(a)(2)(i)                Rule 12h-3(b)(2)(i)
           Rule 12g-4(a)(2)(ii)               Rule 12h-3(b)(2)(ii)
                                              Rule 15d-6

	Approximate number of holders of record as of the certification or notice
date:  55

	Pursuant to the requirements of the Securities and Exchange Act of 1934
(Name of registrant asspecified in charter) has caused this certification/
notice to be signed on its behalf by the undersigned duly authorized person.

Date:   October 4, 1994			    	  By:   Lauri Amy, Vice President		   

Instruction:  This form is required by Rules 12g-4, 12h-3 and 15d-6 of the 
General Rules and Regulationsunder the Securities Exchange Act of 1934.  The
registrant shall file with the Commission three copiesForm 15, one of which
shall be manually signed.  It may be signed by an office counsel or by any 
other duly authorized person.  The name and title of the person signing
the form shall be typed or printed under the signature.