Arkansas State Licensing Requirements
High School Diploma or GED
Brick and Mortar State: No
Who is required to be licensed
This license is required for any individual who in exchange for compensation as an employee of or who otherwise receives compensation or remuneration from a mortgage broker or mortgage banker and who solicits or offers to solicit an application for mortgage loan; accepts or offers to accept application for a mortgage loan; or negotiates or offers to negotiate the terms or conditions of a mortgage loan; or issues or offers to issue mortgage loan commitments or interest rate guarantee agreements to borrowers.
Pre-requisites for license applications
Any individual acting as a loan officer must be separately licensed, which will require a filing of the
form MU4 through NMLS. After the form MU4 is submitted, the mortgage loan officer’s company
must create a relationship and sponsorship request to the regulator before the individual license will
be approved. A quick guide entitled “Create a Company Relationship and Sponsorship” at the
following link will help walk your company through this process: NMLS Quick Guides
Need to purchase Pre-licensing or Continuing Education Courses?
Use the links below for course schedules and information about NMLS Approved Pre-licensing Education (PE) or Continuing Education (CE).
NMLS Requirements and Fees
Processing Fees for State Licensure
Processing Fees for Federal Registration
Professional Standards Fees
Notice: The information provided on this page is not legal advice and is shared for educational purposes only. The information provided is not a complete statement of all licensing requirements, additional licensing requirements may be required by state and/or other agencies.
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My Mortgage Trainer Home Page
My Mortgage Trainer is approved by the NMLS to deliver National Pre-licensing and Continuing Education in all 50 states. NMLS Approved Course Provider #1400080.
|Last Updated ( Monday, 24 February 2014 )|