MyMEC

Forgot your username?

Forgot your password?

 x 

Cart empty

 

Arizona mortgage license

 

 How to Get Your Mortgage License in Arizona

 

1. Apply for your NMLS account and ID number if you haven't already.

 

 

2. Complete your NMLS Pre-License Education (must complete a 20-hour SAFE pre-licensure education course).

 

 

3. Pass the NMLS Arizona Mortgage licensing exam.

 

 

4. Apply for your Arizona Mortgage Broker license

 

 

5. Complete background checks and pay all fees (all fees are displayed below).

 

 

6. Once completed, associate your NMLS account with your employer

 

 

Course Bundle For A New Loan Officer License In Arizona

This NMLS-approved All-In-One bundle contains ALL hours needed for an AZ license.

Now For Only $399 $275

Use Coupon Code: AZPE275

arizona mortgage broker license

 

Law Course For Existing Loan Officers

Already licensed in another state? Purchase the 4 hour AZ course separately!

Now For Only $76 65  

Use Coupon Code: AZPE659

loan officer license arizona

 

 Click here to order a hard copy of the 20-hour textbook for $45

 For questions about ordering or other information, call (801) 676-2520

 

Arizona mortgage license senior couple

 

Arizona Mortgage License Requirements

Becoming a mortgage loan originator can be a fulfilling career that offers a lifetime of satisfying work. But it also takes dedication, as you must learn the total ins and outs of the mortgage world. Getting your NMLS license in Arizona isn’t a cakewalk, but it is worth it. And we at Mortgage Educators have simplified the process so you can get started as soon as possible. 

Getting Your NMLS License in Arizona

Arizona requires 20 hours of mortgage education, 4 hours of which must be a state law and rules course. Mortgage Educators offers a low priced bundle of $275 that includes both the 16-hour national mortgage education course and the 4-hour AZ course, as well as a comprehensive test prep course to help you do well on the NMLS national test.

Pre-Licensure in Arizona

New mortgage license education, or "pre-license education" must be completed in either a live classroom, online instructor-led format, or live webinar. To make our courses more accessible and convenient, we offer these courses weekly in an online instructor-led (OIL) format.

 

OIL format courses are presented by instructors via pre-recorded video, accompanied by slideshow presentations. Courses are broken up into chapters comprised of 5-minute sections and quizzes.

 

At the end of the course, there will be a short test to check for comprehension. All hours of completed mortgage education are reported to the NMLS upon completion by Mortgage Educators & Compliance.

 

For more detailed Arizona mortgage license requirements, click the link below.

Arizona New Mortgage License Education Requirements

Those wanting a new loan officer license in Arizona must complete a 20-hour SAFE pre-licensure education course that includes:

 

  • 3 hours of federal law and regulations
  • 3 hours of ethics, fraud, consumer protection, and fair lending issues
  • 2 hours of non-traditional mortgage lending
  • 8 hours of undefined instruction (electives)
  • 4 hours of Arizona state law education 

 

New mortgage license education does not count towards annual CE credits. MLOs are also advised to not retake any 20-hour new license education course unless otherwise directed by a state regulator.

Cost of Getting Your License in Arizona

When you’re ready to get your NMLS license in Arizona, be prepared to pay the following fees:

 

  • $350 application fee (non-refundable)

  • $30 processing fee

  • $15 credit report

  • $36.26 background check

  • $100 recovery fund (may be waived if the applicant's employer provides a $200,000 bond - see Bond Section above for more details.)

 

 

Licensing fee (made payable only after the application has been approved and you have received an invoice via NMLS):

 

  • $150 if the license is issued in January, February, or March

  • $112.50 if issued in April, May, or June

  • $75 if issued in July, August, September

  • $37.50 if issued in October, November, or December

 

Test fee:

 

The fee is non-refundable and must be submitted via NMLS.

 

  •  $110 National Test Component

  • $69 State Test Component

  • Total (Without Licensing Fee Included): $710.26

Arizona Mortgage Continuing Education Requirements

Mortgage Loan Originators are required to complete 8 hours of continuing education, which includes:

 

  • 3 hours of federal law

  • 2 hours of ethics

  • 2 hours of non-traditional mortgage lending

  • 1 hour of Arizona state law education

 

Remember to take into account the "successive years" rule, which prohibits loan officers from taking the same CE course two years in a row. Mortgage Educators changes its continuing education course annually to ensure no issues with the "successive years" rule.

Start Your Course Today

Mortgage Educators is eager to help you on your path to becoming a loan officer in Arizona. We have the perfect online course for you, whether you’re new to the state, an aspiring mortgage loan officer, or in need of an Arizona mortgage license renewal. Don’t wait to get started—enroll in our 20-hour Arizona pre-licensure course bundle or 4-hour Arizona pre-licensure bundle today.

 

 

Additional Questions?

 Mortgage Educators and Compliance is here to answer any additional questions that you may have. For additional questions, feel free to call us at(801) 676-2520 or email us at 20hour@MortgageEducators.com.

 

 

mortgage broker license arizona                 nmls arizona          arizona continuing education