AZDFI.gov Arizona Department of Financial Institutions Official Website Arizona Department of Financial Institutions
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Examinations

It is the policy of AZDFI to select the most effective and efficient methods of conducting examinations so that significant risks affecting safety and soundness, as well as substantive statutory compliance, can be identified and, if necessary, appropriate supervisory action taken.  Judgment must be utilized to ensure that necessary procedures are performed and ineffective activities are avoided.

The examination fee in accordance with A.R.S. §6-125 is not more than sixty-five dollars per hour for each examiner.  The assessment late penalty is fifty dollars for each day after the thirty day period the enterprise fails to remit the assessment not to exceed the examination assessment amount.

Pursuant to A.R.S. §6-122 examination frequency is every five years or less for:

  • Commercial Mortgage Banker
  • Commercial Mortgage Broker
  • Mortgage Broker
  • Mortgage Banker
  • Registered Exempt Person
  • Loan Originator

For questions concerning examination of your company or license, please contact the Financial Enterprise Division at 602-771-2777 or e-mail to financial@azdfi.gov.