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    Arkansas State Licenses and Regulator Costs

    Need a license?(312) 588-6800 State Mortgage Licensing Experts
      Combination License (Company)
    • For any company wishing to apply for two (2) or more license types
    • NMLS Cost: $1350
    • Additional Costs: $15 per credit report, $36.25 per criminal background check
    • Surety Bond Requirement: $100,000
    • Qualifying Individual: managing principal must have three (3) years of mortgage lending experience or equivalent
      Mortgage Banker License (Company)
    • NMLS Cost: $1350
    • Additional Costs: $15.00 per credit report, $36.25 per criminal background check
    • Surety Bond Requirement: $100,000
    • Qualifying Individual: managing principal must have three (3) years of mortgage lending experience or equivalent
      Mortgage Broker License (Company)
    • NMLS Cost: $1350
    • Additional Costs: $15.00 per credit report, $36.25 per criminal background check
    • Surety Bond Requirement: $100,000
    • Qualifying Individual: managing principal must have three (3) years of mortgage lending experience or equivalent
      Combination License (Branch)
    • NMLS Cost: $155
    • Arkansas allows branch managers to manage more than one location
      Mortgage Banker Branch License (Branch)
    • NMLS Cost: $155
    • Arkansas allows branch managers to manage more than one location
      Mortgage Broker Branch License (Branch)
    • NMLS Cost: $155
    • Arkansas allows branch managers to manage more than one location
      Mortgage Servicer Branch License (Branch)
    • NMLS Cost: $155
    • Arkansas allows branch managers to manage more than one location
      Loan Officer License (individual)
    • NMLS Cost: $80
    • Additional Costs: $15.00 per credit report, $36.25 per criminal background check
    • Does not require additional Arkansas specific pre-licensure education (only the 20 hours of NMLS-approved pre-licensure education)