Arkansas Mortgage Licensing
Mortgage Broker Licensing
License: Arkansas Mortgage Broker License
Physical Office Required: No
Qualifying Individual Required: Yes, 3 years experience in mortgage lending.
Minimum Net Worth: None
Financial Statements: Unaudited (not compiled)
Surety Bond Amount: $100,000
Company License Fee: $850
Mortgage Lender Licensing
License: Arkansas Mortgage Banker License
Physical Office Required: No
Qualifying Individual Required: Yes, 3 years experience in mortgage lending.
Minimum Net Worth: $25,000
Financial Statements: Audited
Surety Bond Amount: $100,000
Company License Fee: $850
Regulated by:
Arkansas Securities Department
Heritage West Building
201 East Markham
Suite 300
Little Rock, AR 72201
Phone: 501-324-9260
Fax: 501-324-9268
ryan.drake@securities.arkansas.gov
www.securities.arkansas.govv/