| Arizona Mortgage Licensing |
| Arizona Mortgage Licensing is one of the most corrupt type of mortgage licensing schemes in the United States. They require a Responsible Individual that must be a resident of Arizona to act as your responsible individual. Since there are not many people that have this type of license, it usually costs about $1,000 to $1,500 per month to hire someone to be your Responsible Individual. If you have the money to spend, this is a great state to originate in. |
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Mortgage Banker Licensing Mortgage Banker License Physical Office Required: Yes In-State Officer/ Key Person: Yes Minimum Net Worth: $100,000 to $250,000 Surety Bond: $25,000 to $100,000 State Initial Fee: $879 Loan Officer License: No Branch License: Yes
Mortgage Broker Licensing |
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Department of Financial
Institutions 2910 N. 44th Street, Suite 310 Phoenix, AZ 85018 Telephone: (602) 255-4421 Fax: (602) 381-1225 http://azdfi.gov/ |
| CALL (714) 656-3960 or eMail Us Today! ssheasby@integritymortgagelicensing.com |