Arizona Company License (Broker or Banker)
Arizona is one of the few states that requires a brick and mortar location and person in the state to obtain a mortgage Broker and/or Banker license. This license is required for any individual or business that wants to engage in the business of brokering and/or lending mortgage loans in the state of Arizona. The license is issued by the Arizona Department of Financial Institutions (ADFI).
To be able to do Mortgage brokering and/or lending activities from outside the state of Arizona, most companies would need to hire a experienced Arizona Responsible Individual “RI” that resides and has a physical office in AZ.
Many mortgage brokers and lenders have avoided Arizona licensing due to the somewhat expensive cost of hiring a Arizona “RI” but Guide Mortgage Licensing has negotiated a special rate for it’s clients.
Guide Mortgage Licensing has your experienced AZ RI representation referral as part of our application process to obtain your broker and/or banker license. Our RI contact in AZ would bill your company a affordable flat rate amount monthly after your AZ company license is approved.
Guide Mortgage Licensing offers comprehensive services for the following AZ mortgage Broker and/or Banker new license applications;
- Company Broker or Banker License
- Broker or Banker Branch License
- AZ Mortgage Loan Originator License