Arizona Mortgage License

Things to know: AZ is a Brick & Mortar State and has specific responsible individual that must meet requirements and experience set by AZ.

We offer an amazing AZ RI program that provides RI representation in the state, an assigned brick and mortar location, Policy & procedure manual for Arizona, Quarterly state compliance file reviews, coordination of your examinations with the DFI. – Our application fee for AZ is included in our Program.

StateLicense NameState FeeBond PremiumSoS FeeMLG ProcessingTotal
ArizonaMortgage Broker License $900.00 $100.00 $515.00Call for More Information $1515.00
ArizonaMortgage Banker License $1600.00 $188.00 $515.00Call for More Information $2303.00
ArizonaDebt Collection License $1500.00 $525.00 $590.00Call for More Information $2615.00

License: Mortgage Banker License

  • Operating Status: Broker/Lender
  • Bond Amount: $25,000
  • Net Worth: $100,000
  • Brick & Mortar: Yes
  • Audited Financials: Yes

License: Mortgage Broker License

  • Operating Status: Broker
  • Bond Amount: $10,000
  • Net Worth: Positive
  • Brick & Mortar: Yes
  • Audited Financials: No

Mortgage Banker

This company application is relatively expensive. Requires Audited Financial Statements that must maintain a net worth of $100,000 at all times. Low surety bond amount required at $25,000. QI must meet AZ RI requirements.

Mortgage Broker License

This company application is a lesser cost than the Banker application. QI must meet AZ RI requirements. The bond amount is low $10,000 - $15,000 depending on investor types.

For more information or to speak to a representative for your state call us today at 866-576-7726