- For any company wishing to apply for two (2) or more license types
- NMLS Cost: $1450
- 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
Combination License (Company)- NMLS Cost: $1450
- 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 Banker License (Company)- NMLS Cost: $1450
- 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: $190
- Arkansas allows branch managers to manage more than one location
Combination License (Branch)- NMLS Cost: $190
- Arkansas allows branch managers to manage more than one location
Mortgage Banker Branch License (Branch)- NMLS Cost: $190
- Arkansas allows branch managers to manage more than one location
Mortgage Broker Branch License (Branch)- NMLS Cost: $190
- Arkansas allows branch managers to manage more than one location
Mortgage Servicer Branch License (Branch)- 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)
Loan Officer License (individual)