License Finder

License Finder

Mortgage Broker, Mortgage Banker, Mortgage Servicer
License Description Mortgage Broker means a person who for compensation: (A) Accepts or offers to accept an application for a mortgage loan; (B) Solicits or offers to solicit a mortgage loan; (C) Negotiates or offers to negotiate the terms or conditions of a mortgage loan; or (D) Issues or offers to issue mortgage loan commitments or interest rate guarantee agreements to borrowers. Mortgage Banker means a person who engages in the business of making mortgage loans for compensation. Mortgage Servicer means a person who receives from or on behalf of a borrower: (A) Funds or credits in payment for a mortgage loan; or (B) The taxes or insurance associated with a mortgage loan. Requirements: 1) Must submit an application. 2) Must be bonded. 3) Must submit an audited financial statement. 4) Each branch office must be licensed. Initial filing fee: $750.00, Renewal filing fee: $350.00, Branch Office fee: $100.00, Branch Office renewal fee: $100.00
Licensing Agency
Arkansas Department of Commerce
1 Commerce Way, Suite 402
Little Rock, AR 72202-2086
(501) 324 9260
asdinfo@arkansas.gov
Active Status Active
Active Military/Veterans A temporary license is available to military and spouses until formal license approval
License Type Register with licensing agency
License Updated 06/28/2022

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