Mortgage Industry Application 

License applications for mortgage broker, mortgage banker, commercial mortgage broker, commercial mortgage banker and loan originator must be submitted through the Nationwide Mortgage Licensing System (“NMLS”).

For additional information on loan originators or NMLS, click here.

Existing Company Record on NMLS:  If your company already has a record in the NMLS, then applying for a license in Arizona merely involves logging into NMLS and filing your company's NMLS record (Form MU1) and relevant branch records (Form MU3) with Arizona through NMLS and mailing in the required jurisdiction-specific requirements to AzDFI.  One can not submit any paperwork to AzDFI until information is entered and submitted through the NMLS system and then you should mail/deliver to AzDFI any required paperwork within 5 business days of submission through the NMLS. 

New Company on NMLS :  If your company does not currently have a record in the NMLS and is interested in applying for a mortgage broker, mortgage banker, commercial mortgage banker, commercial mortgage broker or loan originator license in Arizona, getting started is easy. You can access the NMLS system to request a user id and password at any time.  The issuing of a user id and password can take up to 72 hours.  We advise you to take advantage of a tutorial on the NMLS to become familiar with using this web-based system.  The NMLS website will walk you through all the steps here: Getting Started on NMLS
Please note that NMLS will support Microsoft Internet Explorer 7.0 or greater and Firefox 2.0 or greater, and all browsers must be JavaScript enabled in order to use the Mortgage Licensing System. NMLS also requires a high-speed Internet connection.
For questions relating to the Nationwide Mortgage Licensing System, please contact the NMLS Call Center at (240) 386-4444.
For questions relating to Arizona jurisdiction specific requirements, please call 602-771-2800 and ask for licensing, or send an email to licensing@azdfi.gov.

Important Links:

Renewal Checklist – mortgage industry (mortgage broker, mortgage banker, commercial mortgage banker)

NMLS (Nationwide Mortgage Licensing System) Resource Center

Arizona mortgage licensing requirements (includes the Requirement Checklists for New Applications, Amendments and license Surrender)

Loan Originator Professional Requirements:
            Loan Originator Testing Information
            Loan Originator Education (Course Providers and Course Listing)

RI Continuing Education Information

Mortgage Broker Course of Study and Testing Information

IMPORTANT DATES:

October 1, 2009 Applicants may begin applying for a commercial mortgage broker license through NMLS.

October 1, 2009 HB2143 (amending the loan originator statutes), HB2486 (creating the commercial mortgage broker license) and HB2318 (allowing a mortgage banker to convert to a mortgage broker) become effective.

November 2, 2009 All licensed mortgage brokers, mortgage bankers, commercial mortgage bankers and commercial mortgage brokers may submit their license renewals through NMLS.

December 31, 2009 All licensed mortgage brokers, mortgage bankers, commercial mortgage bankers and commercial mortgage brokers must have renewed their license.  If licenses have not been renewed, they will be suspended.

January 31, 2009 All mortgage brokers, mortgage bankers, commercial mortgage bankers and commercial mortgage brokers who have not renewed their license will expire.

July 1, 2010 Loan originators may not transact business in Arizona as a loan originator unless they are licensed by our Department.

Links to Additional Information

To view eNewsletters issued by the Department, click here.

© 2007 Arizona Department of Financial Institutions. All rights reserved.