Arkansas Mortgage Licensing | Arkansas Securities Department

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Mortgage Banker and/or Servicer | Mortgage Banker, Servicer, or Broker/Banker/Servicer Combination Licenses

• Physical In-State Office Required: No
  
• Qualifying Individual: No
  
• Minimum Net Worth: $25,000 Audited
  
• Surety Bond: $100,000
  
• Loan Originator Licensing: Yes
  
• Branch Licensing: Yes
  

License Cost Breakdown - Estimated fees not including Regulatory Counsel Group Professional Service Fee:
$270 – Foreign Entity App 
$125 – Registered Agent Fee 
$850 – Company Application Fee 
$1,000 - $100k Surety Bond Fee 

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Mortgage Broker | Mortgage Broker License

• Physical In-State Office Required: No
  
• Qualifying Individual: No
  
• Minimum Net Worth: None
  
• Surety Bond: $100,000
  
• Loan Originator Licensing: Yes
  
• Branch Licensing: Yes
  
• Comments: Experience – One officer must show 3 years of mortgage experience.
  

License Cost Breakdown - Estimated fees not including Regulatory Counsel Group Professional Service Fee:
$850 – Company License Fee 
$1,000 - $100k Surety Bond Fee 
$300 – Foreign CorpEntity Fee 
$125 – Registered Agent Fee 

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Regulated by:
Arkansas Securities Department
Heritage West Building Suite 300
201 E. Markham
Little Rock, AR 72201
Telephone: (501) 324-9260
Fax: (501) 324-9268
Karyn Tierney, [email protected], 501-324-8671
http://www.securities.arkansas.gov/