Located in Raleigh, North Carolina

ryan at lynxlicensing dot com

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©2018 LYNX LICENSING. ALL RIGHTS RESERVED. "NMLS", "Nationwide Mortgage Licensing System", and "Nationwide Multistate Licensing System" and associated logos are trademarks and/or service marks of State Regulatory Registry, LLC ("SRR"). Lynx Licensing and this website are not associated with, sponsored, approved, or licensed by SRR. NMLS Consumer Access.

Arizona State Licenses and Regulator Costs

Arizona's license requirements stand out. The state requires a brick and mortar location managed by a Responsible Person, which is is unique to this state. Contact us for more information.

Mortgage Banker License (Company)

  • NMLS Cost: $1600

  • Additional Costs: $$15 per credit report, $36.25 per criminal background check; Arizona also assesses an additional pro-rated license fee through an NMLS invoice that varies and must be paid prior to licensure

  • Responsible Person: requires an Arizona resident that is a W-2 employee to manage Arizona loan activities; must have minimum of three (3) years of mortgage experience (contact us for more info)

  • Requires detailed personal financial statements for 20% or more owners

  • Surety Bond Requirement: ranges from $25,000 to $100,000 depending on volume

Mortgage Broker License (Company)

  • NMLS Cost: $900

  • Additional Costs: $36.25 per criminal background check; Arizona also assesses an additional pro-rated license fee through an NMLS invoice that varies and must be paid prior to licensure

  • Qualifying Individual: requires an Arizona resident that is a W-2 employee to manage Arizona loan activities; must have minimum of three (3) years of mortgage experience, completed an AZ mortgage broker course and passed a mortgage broker's test (contact us for more info)

  • Requires detailed personal financial statements for 20% or more owners

  • Surety Bond Requirement: $10,000 if you only have institutional investors; otherwise, $15,000

Mortgage Banker Branch License (Branch)

  • NMLS Cost: $529

  • Additional Costs: Arizona also assesses an additional pro-rated license fee through an NMLS invoice that varies and must be paid prior to licensure

  • A copy of your branch lease must be provided

Mortgage Broker Branch License (Branch)

  • NMLS Cost: $270

  • Additional Costs: Arizona also assesses an additional pro-rated license fee through an NMLS invoice that varies and must be paid prior to licensure

  • A copy of your branch lease must be provided

Mortgage Loan Originator License (individual)

  • NMLS Cost: $380

  • Additional Costs: $15.00 per credit report, $36.25 per criminal background check; Arizona also charges an additional pro-rated licensing fee that varies from $37.50 to $150.00 and is sent via NMLS invoice prior to license approval. Arizona also charges a $100 recovery fund fee via NMLS invoice if your company does not have a blanket $200,000 LO surety bond (contact us to see which option makes the most sense)

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Lynx Licensing charges a flat rate of $625 per state license, $120 per branch license, and $85 per individual license.